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Competitio

Vol. 7 No. 1 (2008)
PhD student papers

Sustainability of growth in countries with diverse backgrounds in the light of main international indices

Published:
2008-06-16
DOI Linkhttps://doi.org/10.21845/comp/2008/1/9
Author
Tamas Borko
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PDF (Hungarian)
Keywords
resource curse sustainable growth institutions structure of trade
How To Cite
Selected Style: APA
Borko, T. (2008). Sustainability of growth in countries with diverse backgrounds in the light of main international indices. Competitio, 7(1), 145-168. https://doi.org/10.21845/comp/2008/1/9
Abstract

The paper tries to answer why fossil fuel abundant countries with diverse backgrounds perform differently depending on the dominance of the advantages or disadvantages accruing from natural resource wealth. With the contribution of the most popular competitiveness and institutional indices the determining factors are indentified. The distinctive factors are market efficiency, the quality of the business environment, innovative capability, the quality and efficiency of governmental, market and judicial institutions, the low level of corruption and the existence of political and civil freedom.

Journal of Economic Literature (JEL) codes: O13, O17, Q32

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