Stephan Maurer

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    Public education benefited from oil booms in the postbellum South

Public education benefited from oil booms in the postbellum South

Natural resources are often thought as a curse, rather than a blessing. They have, for example, been found to help entrench autocratic regimes, impede female labor market involvement, and fuel both intra-state wars and internal conflicts.

Granted, natural resources typically increase local government revenue: counties or regions with oil, gas, or precious metal deposits typically can expect royalties or increased […]

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    Oil booms attract mostly men, but women flock to newly created service jobs

Oil booms attract mostly men, but women flock to newly created service jobs

Across the world, there are big differences in the extent to which women are involved in the labour force compared with men. In 2005, for example, female labour force participation rates stood at 68% in the United States, 53% in Indonesia and less than 20% in Saudi Arabia. These differences have serious consequences: women enjoy substantial benefits when gainfully employed; […]