Resource Scarcity and Innovation: Can Poor Countries Attain Endogenous Growth?

2017-10-11T19:13:53-04:00March 1st, 1999|Academic, Conflict, Environment and Energy, Environmental Scarcity and Violent Conflict, EPS Thematic Reports, Ingenuity and Innovation, Ingenuity Gap, Innovation, New Economics|

Edward Barbier and Thomas Homer-Dixon | Endogenous growth models have revived the debate over the role of technological innovation in economic growth and development. The consensus view is that institutional and policy failures prevent poor countries from generating or using new technological ideas to reap greater economic opportunities. However, this view omits the important contribution of natural-resource degradation and depletion to institutional instability