Section 1


Natural Resources

earth eater

earth eater by [AndreasS] / BY CC

With respect to natural resources not all countries are created equal. Some have plentiful endowments, while others struggle with exceptionally meager endowments. The differences often affect the standard of living of its citizens. Moreover, conflicts over natural resources have led to innumerable international wars. In addition, rich endowments of natural resources have frequently led to internal battles that have had enduring consequences for a state's governance. Even where natural resource endowments have not led to external or internal conflicts, exogenous influences (technological innovations, resource depletion, shifts in international demand) had affected their impact on a society's well-being. Thus, it is important to incorporate data on natural resources into cross-national assessments of institutional effects on societal welfare. Consequently, in the summer of 2006, the Cline Center initiated the Natural Resources Project. It was supervised by Peter F. Nardulli and implemented by Joseph Bajjalieh, who gathered and organized production and price data for most marketable natural resources.