Abstract:
The author of the article attempts to accumulate experience in the field of research regarding problems of resource based growth. Based on a study of specialized literature work was undertaken to systematize the key factors responsible for the success of economic development in resource-oriented countries. Particular attention is given to the review of the institutional issue. In particular, we consider the findings of studies on the evaluation of the hypothesis of «conditional resource curse». Based on a review of theoretical and empirical experience the author considers reasonable to include the economic decentralization factor into the analysis, such as the degree of fiscal decentralization and the nature of intergovernmental fiscal relations (cooperative or competing federalism).
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