Natural resources decrease income inequality in resource-rich countries ...Middle East

A group of researchers from Russia, Germany, the Czech Republic, and Switzerland contest the common belief that resource-based economies have higher levels of within-country inequality than resource-scarce economies. The researchers document a direct causal link between natural resources and within-country inequality and conclude that the extraction of oil and gas can reduce inequality or has no significant effect on it. The results were published in the journal Empirical Economics.

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