resource curse love

Definitions

Sorry, no definitions found.

Etymologies

Sorry, no etymologies found.

Examples

  • Some economists and social scientists say the resource curse is caused when a country or region blessed with valuable resources relies too much on them, with its best people drawn to extraction-related work, so that other economic sectors just can’t compete.

    THE STORY OF STUFF

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.

  • Leif Wenar: 'To understand why stolen goods currently flood the market, we can trace these goods back to their countries of origin. Economists have noticed that many countries with a wealth of natural resources are also full of very poor people. Resource wealth has often been an obstacle to prosperity and not its foundation. This phenomenon is known as the resource curse.'

    April 18, 2008