The negative correlation between resource endowments and GDP growth remains one of the most robust findings in the empirical growth literature, and has been coined the “resource curse hypothesis”. The policy consequences of this result are potentially far reaching. If natural resources are...

Remarks at E-3 Summit of the Americas: Export Trade Basics Forum 101, San Juan, Puerto Rico.

Remarks by President Dudley at the Foreign Policy Association Corporate Dinner, New York City.

This paper examines the role of institutions in the development process of African countries. It has been shown that, whereas institutions have played a greater role in the economic development of several East Asian countries, in Africa they are weaker and ineffective because of poor enforcement...

Purpose – The paper seeks to respond to calls by Jones for more studies exploring the possibility of operationalising accounting for biodiversity. Design/methodology/approach – Archival data are used to produce a natural inventory report for the Sundarbans, the world's largest mangrove...

The importance of ecosystem services to human welfare and economic livelihoods in low-income countries is now well recognized. Poor people in developing regions are particularly vulnerable to the deteriorating ecological values resulting from the loss of tropical forests, coral reefs, mangroves,...

Related links: http://www.richmondfed.org/publications/research/region_focus/2012/q2-3/feature2_weblinks.cfm>

Remarks at E-3 Summit of the Americas: Export Trade Basics Forum 101, San Juan, Puerto Rico.

Remarks by President Dudley at the Foreign Policy Association Corporate Dinner, New York City.