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The resource curse, also known as the paradox of plenty or the poverty paradox, is the phenomenon of countries with an abundance of natural resources (such as fossil fuels and certain minerals) having less economic growth, less democracy, or worse development outcomes than countries with fewer natural resources.[1] There are many theories and much academic debate about the reasons for and exceptions to the adverse outcomes. Most experts believe the resource curse is not universal or inevitable but affects certain types of countries or regions under certain conditions.[2][3]
^Smith, Benjamin; Waldner, David (2021). Rethinking the Resource Curse. Cambridge University Press. doi:10.1017/9781108776837. ISBN 9781108776837. S2CID 233539488.
^Cite error: The named reference Venables 2016 was invoked but never defined (see the help page).
^Cite error: The named reference :2 was invoked but never defined (see the help page).
The resourcecurse, also known as the paradox of plenty or the poverty paradox, is the phenomenon of countries with an abundance of natural resources (such...
and volatile economic state if the resource fluctuates heavily in price. This phenomenon is known as the resourcecurse. Conflict resources are natural resources...
usage of resources: Environmental degradation Over-consumption ResourcecurseResource depletion Tragedy of the commons Various benefits can result from...
economic growth and competitiveness. Petrostates can suffer from the resourcecurse, meaning that their abundance of natural resources can have detrimental...
natural resource wealth in some countries as a blessing, while others have referred to it as a natural resourcecurse. A vast body of resourcecurse literature...
leading to inequality and underdevelopment, this is known as the "resourcecurse". Extractive industries represent a large growing activity in many less-developed...
primary resource availability, this is called resourcecurse. Unsustainable consumption by the steadily growing human population may lead to resource depletion...
Renewable Energies) linked to a sovereign wealth fund to avoid the resourcecurse (Paradox of plenty). Another strategy for avoiding real exchange rate...
(2007). Escaping the ResourceCurse. New York: Columbia University Press. p. 1. Humphreys; et al. (2007). Escaping the ResourceCurse. New York: Columbia...
characterized by lower levels of economic development is known as the "resourcecurse". The presence of diamonds in Sierra Leone invited and led to the civil...
2012 Wilson, Sigismond (21–23 May 2009), Diamonds in Sierra Leone, A ResourceCurse? (PDF), International Conference "Financial markets, adverse shocks...
living in cities. Jharkhand suffers from what is sometimes termed a resourcecurse: it accounts for more than 40% of India's mineral resources but 39.1%...
conflict, instability and imbalances, in what economists call the "natural resourcecurse". A further complication is that religion-linked conflicts in the Middle...
powerful entities. This phenomenon is known as the resourcecurse. In certain cases, exploiting a resource more may be a good thing. Carol M. Rose, in a 1986...
the island nation to suffer from what is often referred to as the "resourcecurse". The phosphate was exhausted in the 1990s, and the remaining reserves...
variable in the vast majority of the studies" identifying some type of resourcecurse effect. A 2014 meta-analysis confirms the negative impact of oil wealth...
rubber, and cocoa, made it susceptible to the political resourcecurse: Indonesia's resource wealth led to corruption, inequality, and political instability...
benefits, in terms of increased GDP growth, but might later lead to a resourcecurse. Some important oil booms around the world include: Mexican oil boom...
resources but have a poor economy and/or corrupt government (the so-called "resourcecurse") The two concepts, damage caused by institutions and damage caused...
Economic Journal attributed the emergence of the Sicilian Mafia to the resourcecurse. Early Mafia activity was strongly linked to Sicilian municipalities...
on oil revenue.: 256 The dependence on oil shows some aspects of a resourcecurse. Coffee made up 90% of all non-fossil fuel exports from 2013 to 2019...
million in sales. Conflict resource – Natural resources sold to fund war Resourcecurse – A phenomenon in which a resource-rich country develops more...
development often show a phenomenon known as "Dutch disease" or the "resourcecurse", which occurs when the economy of a country is mainly based upon its...
these resources as a major source of income have been described as the "resourcecurse". However, the implementation of this goal has been unstable and remains...
however, is necessary in order for a country to obtain the greatest benefit from its factor endowment. Environmental determinism Resourcecurse v t e...
Postcolonialism Post-communism Puppet state Rentier state Rent-seeking Resourcecurse Union of Banana Exporting Countries William Walker O. Henry (1904)....
capitalism Dual-sector model Human capital Human Development Index Resourcecurse World-systems theory Graphic detail Charts, maps and infographics (2011-12-22)...
(November 19, 2011). "Check Out The Vault, Your #1 Fallout Series Resource". Curse. Archived from the original on November 20, 2011. Retrieved November...
February 2021. Tani, Shotaro (25 January 2022). "Indonesia's drive to lift resourcecurse shakes global producers". Nikkei Asia. Archived from the original on...