Financial and Monetary Systems

Global natural wealth is shifting. Here's why.

Global natural wealth has shifted from North to South over the past decades. Image: REUTERS/Amit Dave

Rabah Arezki
Chief of Commodities, Research Department, IMF
Rick van der Ploeg
Professor of Economics, University of Oxford
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Financial and Monetary Systems

 Proven oil reserves are rising much faster in non-OECD than in OECD countries
Image: VOX EU
 Discoveries increase after opening up of the economies (controlling for country, year and mineral fixed effects)
Image: VOX EU
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Financial and Monetary SystemsEconomic Progress
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