Natural resource curse and economic diversification: a survey of literature with an empirical analysis of the Algerian case

Abstract

This paper tried to analyze the different studies dealing empirically with the resource curse, economic diversification. The paper is divided into three sections: the first one displays the different works dealing with the resource curse; while the second section deals with the economic diversification as an objective and solution for the cursed countries. This section provides the different studies tackling empirically the issue of economic diversification. Then, the paper summarizes the issues raised by all the studies presented in the previous sections. Finally, we chose Algeria as an oil rich country and analyzed its economic diversification determinants.