Is natural resource abundance a curse or an opportunity? Economic complexity, FDI, and industrial policies in Mozambique
Journal: Resources Policy
Year: 2024

Recent research has shown that a lack of structural transformation predicates the onset of the resource curse, that is, the notion that resource-rich countries paradoxically have lower growth prospects in the long run. Such structural transformations can be mapped through economic complexity indicators, which have been shown to predict the long-term economic underperformance of countries before it is manifested in lower economic growth rates. Economic complexity thus provides countries with an e