Assessment of governance performance on the growth and development of countries with abundant natural resources

Hossein Poornamdar¹

1) Graduate student developing economic trends; Ferdowsi University of Mashhad, Iran

IOI Code : XYAC-ZCAFC
Publication : 3rd.International Conference on Modern Research’s in Management,Economics & Accounting(3meaconf.com)
Abstract :
    Abstract In this study, the effect of good governance on economic development in developing countries with abundant natural resources will be discussed. Based on theoretical principles, good governance and positive impact on economic development. The resource curse phenomenon Drhal¬Tvsh common in countries with abundant natural resources. So far, many factors for this phenomenon in various studies mentioned limitations. Some studies, this phenomenon to the lack of good governance in this country than Dadh¬And. Assuming this research is that good governance has a positive effect on economic development in developing countries with abundant natural resources. In order to test research hypotheses, given the nature of the variables and data collection methods will be used. Data collection consisted of GMM GMM 41 countries over the years 1996 to 2009. The country by the World Bank as countries with abundant natural resources have been identified. The findings suggest a positive effect on economic growth, good governance and human development of the countries under study.

Keywords : good governance resource curse human development generalized method of moment