This article criticizes the resource curse thesis for neglecting the interplay of international factors and domestic politics, that is the political settlement, in explaining industrial performance in a resource-dependent society – Trinidad and Tobago. Using political settlement, analysis secondary as well as interview data, it examines the dynamics at the macro and sectoral levels in iron and steel and telecommunications in Trinidad and Tobago. The historical evidence reveals that anti-colonial mobilizations spurred critical public investments in developmental institutions and industrial projects responsible for improving the country’s productive base and technological capability in the post- Black Power period. These investments were bolstered by a favorable geopolitical climate and the 1973 commodity boom. Sectoral case studies reveal how shifts in the country’s political settlement affected late-industrializing accumulation of accumulation technological capabilities. Hereafter neoliberal policies facilitated an increased role for external actors in economic policy and ethnic-based clientelism within the political economy.

中文翻译：

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资源丰富的发展中社会的产业发展动态：政治经济学分析

本文批评资源诅咒论点，因为它在解释资源依赖型社会（特立尼达和多巴哥）中的工业表现时忽视了国际因素和国内政治（即政治解决）的相互作用。利用政治解决，次要分析以及访谈数据，它研究了特立尼达和多巴哥的钢铁和电信行业宏观和部门层面的动态。历史证据表明，反殖民主义动员刺激了对发展机构和工业项目的重要公共投资，这些投资机构和工业项目负责改善后黑国时期的国家生产基础和技术能力。这些投资得益于有利的地缘政治气候和1973年的商品繁荣。部门案例研究揭示了该国政治解决方式的变化如何影响后期工业化积累技术能力的积累。此后，新自由主义政策促进了外部参与者在政治经济中的经济政策和基于族裔的客户主义中的作用日益增强。