Natural resource management: A systematic literature review

Muhammad Asif , Khalid Zaman , Khan Burhan Khan

Abstract

The earlier literature widely documented the role of natural resources in economic development and confined their findings either in support of resource blessing growth or resource curse hypothesis. The ample research on the stated theme has available in the relevant databases, supported with empirical data, while a few studies used a case study or mixed-method approach. The study identified plenty of room on a given topic by conducting a systematic literature review and synthesizing the literature in more meaningful inferences. After a thorough investigation of the literature review through systematic intervention, the study concludes that natural resource management is imperative for a country's sustained growth. Simultaneously, it is desirable to reduce resource conflicts, improve institutional performance, decrease corruption, and stabilize the political environment to get maximum natural resource management potential globally.

Key Words

natural resource management; economic growth; resource curse hypothesis; systematic literature review

Address

Muhammad Asif — Department of Business Administration, Air University, Multan Campus, Pakistan
Khalid Zaman — Department of Economics, University of Haripur, Khyber Pakhtunkhwa, Haripur 22620, Pakistan
Khan Burhan Khan — Department of International Business and Marketing (IB&M), NUST Business School, National University of Sciences and Technology (NUST), 44000 Islamabad, Pakistan

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