Skip to:


Oil-Led Development: Social, Political, and Economic Consequences
Working Paper

Published By

CDDRL Working Papers, page(s): 36

January 2007

Proponents of oil-led development believe that countries lucky enough to have "black gold" can base their development on this resource. They point to the potential benefits from enhanced economic growth and the creation of jobs, increased government revenues to finance poverty alleviation, the transfer of technology, the improvement of infrastructure and the encouragement of related industries. But the experience of almost all oil-exporting countries to date illustrates few of these benefits.

Publication Materials
Complete Download pdf

Share This Publication