The Resource Curse describes the phenomenon of how, when a poor country discovers vast natural wealth, economists around the world cry, “Aw, hell!” Such a moment arrived on June 14 following a New ...

Natural resources—such as fossil fuels, water, and minerals—are materials found in the environment that are essential for life and highly utilized in production. Though these resources are viewed as ...

On Monday morning, Mozambican soldiers opened fire to disperse protesters calling for natural gas projects to be suspended until more pressing issues, particularly fundamentalist insurgents, are dealt ...

Countries with abundant natural resources – gold, diamonds, crude oil – often fail to transform that advantage into favourable development outcomes. This is known as the natural resource curse.

The term “resource curse” refers to the observation that countries with abundant natural resources also tend to be less economically developed than those with scarcer resources. The term was first ...

Natural resources - such as fossil fuels, water, and minerals - are materials found in the environment that are essential for life and highly utilized in production. Though these resources are viewed ...