IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04746325.html
   My bibliography  Save this paper

Does EITI prevent the natural resource curse in financial development?
[L'ITIE empêche-t-elle la malédiction des ressources naturelles dans le développement financier ?]

Author

Listed:
  • Harouna Kinda

    (CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne)

  • Edouard Mien

    (FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

Abstract

The mismanagement of natural resources can compromise the efficiency of factors essential to economic development, commonly called the "resource curse". In addition to worsening the socio-economic situation, dependence on natural resources can hinder the emergence of an efficient financial system in countries with weak institutions. Conversely, good management of natural resources can enable low- and middle-income countries to improve their economic performance. We first describe the theoretical mechanisms underlying the existence of such a "resource curse" and then present empirical evidence of the potential mitigating effect fostered by implementing the Extractive Industries Transparency Initiative (EITI) standard.

Suggested Citation

  • Harouna Kinda & Edouard Mien, 2024. "Does EITI prevent the natural resource curse in financial development? [L'ITIE empêche-t-elle la malédiction des ressources naturelles dans le développement financier ?]," Post-Print hal-04746325, HAL.
    • Handle: RePEc:hal:journl:hal-04746325
    Note: View the original document on HAL open archive server: https://hal.science/hal-04746325v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04746325v1/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Financial development; Resource curse; Natural resource; Transparency; Développement financier; Malédiction des ressources; Ressources naturelles; Transparence;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-04746325. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.