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Policy Research on the Transformation and Development of Shanxi Province——Based on the Theory of "Resource Curse"

Ran Ding

Abstract


Academics refer to the phenomenon of having abundant resources but long-term sluggish economic development as the resource curse, meaning that instead of bringing economic prosperity, abundant resources constrain the development of the local economy. Shanxi is a typical resource-based province, rich in coal resources, but its economic development level is at a low level in the country, which is to a certain extent consistent with the "resource curse" phenomenon. This paper analyses the applicability of the resource curse transmission mechanism in Shanxi Province, identifies the problems in the transformational development of Shanxi Province and puts forward countermeasures and suggestions for the transformational development of Shanxi Province.


Keywords


Abundant Natural Resources; Dependence on Resource Industry; Resource Curse; Economic Development

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References


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DOI: http://dx.doi.org/10.18686/fm.v8i2.8541

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