Successful Resource-Based Economies: Historical Comparisons of Australia and Norway

Simon Ville

Co-investigator:

  • Professor Olav Wicken, University of Oslo, Norway

Most developed economies have transitioned through primary resource production to become a manufacturing nation. This project compares two nations who have taken a different route to modernisation through the continued development of natural resource industries such as mining, energy, and aquaculture. This challenges a stream of literature in economics known as the ‘resource curse’ that assumes all nations must industrialise to modernise.