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Environmental policy. --- Green movement --- Environnement --- Ecologisme --- Political aspects --- Politique gouvernementale --- Aspect politique --- Environmental policy --- -#A0308A --- 500 Milieu --- Ecologism --- Environmental action groups --- Environmental groups --- Environmentalism --- Political ecology --- Sustainable living --- Environment and state --- Environmental control --- Environmental management --- Environmental protection --- Environmental quality --- State and environment --- Environmental auditing --- Government policy --- Social Sciences and Humanities. Economics --- Political aspects. --- Environmental Economics --- Natural Resource Economics --- Natural Resource Economics. --- #A0308A

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The paper models the incentives for a self-interested government to implement "good policies". While good policies lead to investment and growth, they reduce the government's ability to increase supporters' consumption. The model predicts that resource abundance is conductive to poor policies and, consequently, to low investment. The implications of the model are broadly supported by evidence on sub-Saharan African countries. In particular, countries that are rich in natural resources tend to have lower institutional quality and worse macroeconomic and trade policies.

Exports and Imports --- Infrastructure --- Investments: General --- Taxation --- Natural Resources --- Public Finance --- Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior --- Investment --- Capital --- Intangible Capital --- Capacity --- Resource Booms --- Agricultural and Natural Resource Economics --- Environmental and Ecological Economics: General --- Foreign Aid --- Taxation, Subsidies, and Revenue: General --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Macroeconomics --- Environmental management --- International economics --- Public finance & taxation --- Natural resources --- Foreign aid --- Tax incentives --- Private investment --- National accounts --- Environment --- Public investment and public-private partnerships (PPP) --- Expenditure --- Saving and investment --- International relief --- Public-private sector cooperation --- Botswana