The Economist examined research on over-optimistic IMF and World Bank growth forecasts for resource-rich developing countries, drawing on Cust and Mihalyi's work on the presource curse and expectation booms following oil discoveries.
James Cust
Media & Press
Press coverage, podcasts, interviews, and public talks. Jim's work has been covered by The Economist, Nature, Reuters, and the IMF, among others.
Press Coverage
Reporting and commentary on Jim's research.
The Economist covered research by Cust and Mihalyi on the presource curse, examining how Uganda is attempting to avoid the economic deterioration that often follows major oil discoveries — well before revenues arrive.
Article in the IMF's flagship magazine explaining the presource curse — how resource-rich countries often experience economic deterioration in the years between a giant oil discovery and the onset of production revenues.
Audio, Video & Talks
Podcasts, interviews, and public presentations.
Presentation at the FERDI international conference on the scramble for critical minerals, examining macroeconomic implications for developing country producers.
Stephanie Flanders interviews Jim on whether developing countries can turn the scramble for green minerals into industrialisation, contrasting Indonesia's experience with Africa's.
Television interview at the launch of Africa's Resource Future, on why African governments capture only around 40 percent of the resource revenues they could.
Online seminar presenting The Changing Wealth of Nations 2021, alongside Grzegorz Peszko and Stefanie Onder.
Presentation of The Changing Wealth of Nations 2021 at a Brookings event on measuring development beyond GDP, with a panel moderated by the FT's David Pilling.
Interview discussing how countries can manage the economic risks that follow giant oil and gas discoveries, drawing on the presource curse research.
See also: IMF Blog editor's note ↗