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Oil Booms and Business Busts – Why Resource Wealth Hurts Entrepreneurs in the Developing World - Oxford Scholarship Online
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Oil Booms and Business Busts: Why Resource Wealth Hurts Entrepreneurs in the Developing World

Nimah Mazaheri


Despite the vast riches that oil brings to a nation, many oil-producing countries struggle with economic volatility and are unable to promote diversification—what is often referred to as the “resource curse” phenomenon. This book provides a new way of thinking about the developmental challenges associated with oil by centering on how policy makers in these countries have approached the business environment for private firms and entrepreneurs. Drawing upon statistical and historical data, the book demonstrates that abundant oil wealth is associated with a more restrictive business environment f ... More

Keywords: oil, natural resources, energy, business, private sector, entrepreneurs, reform, SMEs, the Middle East, India

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780190490218
Published to Oxford Scholarship Online: June 2016 DOI:10.1093/acprof:oso/9780190490218.001.0001


Affiliations are at time of print publication.

Nimah Mazaheri, author
Assistant Professor of Political Science, Tufts University