Browsing ECO Working Papers by Subject "fractionalization"

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Browsing ECO Working Papers by Subject "fractionalization"

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    Title: Genuine Savings and the Voracity Effect  Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Many resource-rich countries have negative genuine saving rates, so deplete their exhaustible natural resource wealth faster than they build up wealth in other assets. This phenomenon is stronger in more fractionalized ...