Resource Curse Theory Courses
The Resource Curse Theory explores how possession of natural resources can lead to civil war, dictatorship, and economic fluctuation. This theory asserts that countries and regions with a high abundance of natural resources tend to fare worse economically than those that do not, particularly when institutions to monitor it are weaker. One of the most common explanations for this phenomenon is the “Dutch Disease”, which occurs when a country has a large pool of natural resources, usually in the form of gas, oil, or minerals, which drives up the exchange rate of the currency and undermines other economic sectors. This leads to a distorted economy where capital investment is largely focused on natural resources, while other sectors such as manufacturing and agriculture fall by the wayside. The Resource Curse Theory also refers to a specific type of corruption that happens when these resources are mismanaged. This can manifest in the form of bribery, kickbacks, embezzlement, or bribery in exchange for access to resources. This kind of corruption can result in weaker government oversight and a population of people who are more vulnerable to exploitation. In addition, the theory suggests that the development of a conflict, often due to underlying ethnic grievances, can exacerbate the already challenging economic and political situation in resource-rich countries. The conflict often draws upon resources in the form of weapons and other supplies, displacing people and causing volatility in international markets. The Resource Curse Theory has important implications for policy makers. For instance, as oil prices rise, governments must take special measures to ensure that the wealth is not concentrated solely in the hands of the elite and that the benefits are spread more widely to benefit all citizens. Policies should also be in place to minimize the risk of corruption and conflict.
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THE ‘RESOURCE CURSE’: THEORY AND EVIDENCE (ARI)
Web Dec 15, 2010 One of the more influential ideas in recent development discourse and policy is the so-called ‘resource curse’. The big idea behind the ‘resource curse’ is that … ...
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NRGI READER - NATURAL RESOURCE GOVERNANCE INSTITUTE
Web WHAT IS THE RESOURCE CURSE? The resource curse (also known as the paradox of plenty) refers to the failure of many resource-rich countries to benefit fully from their … ...
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Get CodeREVERSING THE RESOURCE CURSE: THEORY AND PRACTICE
Web Nov 9, 2017 4 REVERSING THE RESOURCE CURSE: THEORY AND PRACTICE The Course Using the Natural Resource Charter as a framework, the course covers: 1) … ...
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Web Sep 29, 2022 The resource curse refers to countries that underperform economically, despite benefitting from valuable natural resources. It … ...
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Get CodeREVERSING THE RESOURCE CURSE: THEORY AND PRACTICE - ETH ZüRICH
Web 10 REVERSING THE RESOURCE CURSE: THEORY AND PRACTICE AN SPP–NRGI COURSE 11 Course Methodology The course uses the Natural Resource Charter as its … ...
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AN ALTERNATIVE INTERPRETATION OF THE "RESOURCE CURSE": THEORY AND ...
Web practice, wonder if they work in theory. The natural resource curse is a case in point. Countries highly dependent on oil or other natural re-sources have performed very … ...
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Get CodeTHE RESOURCE CURSE LITERATURE AS SEEN THROUGH THE ... - SPRINGER
Web Mar 20, 2018 1 Introduction The resource curse/blessing literature is perhaps one of the most voluminous in empirical economic research. That field of study is replete with … ...
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Web Apr 1, 2019 This special edition of The Extractive Industries and Society contributes to the literature with new evidence and analysis on the existence and mechanisms of the … ...
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Web Mar 26, 2019 Resource curse also known as "paradox of plenty" is a political economic thought that was used to describe the effects of resource rents on relative regional economy. This study is a review... ...
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THE RESOURCE CURSE: FACT OR MYTH? - PBS
Web A Public Media Initiative from The WNET Group Tip of the Iceberg The Resource Curse: Fact or Myth? April 7, 2022 By Megan Crimmins Source: Erik Christensen International … ...
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Web The resource curse, or paradox of plenty, refers to the long-established notion central in development economics that countries rich in natural resources, parti... ...
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Web Oct 24, 2021 Resource Curse— a phenomenon where resource abundance and high reliance on resource revenues hampers development by undermining political … ...
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Web The resource curse, whereby resource-rich economies do not thrive, is more complex than initially thought. First, the curse has not only economic causes but also institutional and … ...
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[PDF] IS THERE REALLY A RESOURCE CURSE? A CRITICAL SURVEY OF …
Web Aug 12, 2011 500 PDF Breaking the Resource Curse: The Role of Natural Resource Funds Isaiah Adeleke U. Zubairu Environmental Science, Economics 2021 Studies have … ...
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Get CodeTHE ‘RESOURCE CURSE’: THEORY AND EVIDENCE | SEMANTIC SCHOLAR
Web Dec 16, 2010 The analysis surveys the Dutch Disease, rentier state, and rent-seeking versions of the resource curse and finds they have significant shortcomings in terms of … ...
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Web The resource curse refers to an economic phenomenon where nations, despite having with ample natural resources (non-renewable resources such as oil, gas, and minerals), … ...
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Web Sep 5, 2019 Politics & Government Is the “Resource Curse” a Myth? Countries like Liberia and Chad have a lot of oil, and yet little of their wealth has translated into public … ...
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23 THE RESOURCE CURSE AND TRANSPARENCY - OXFORD ACADEMIC
Web The “resource curse” refers to negative development consequences associated with natural resource abundance or natural resource dependence. The contemporary use of … ...
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Web 8 hours ago Guyana, oil wealth and the resource curse : The Indicator from Planet Money In 2015, Guyana changed forever when ExxonMobil discovered major oil deposits off its … ...
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Web The course bridges the gap between theory, empirical evidence, and operational experience by illustrating the optimization problems and tradeoffs involved in monetary … ...
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Web Feb 19, 2020 Opening hours: 9am-9.30pm daily. In providing views out over eastern Tokyo, this 115m-high observation deck is something of a rarity. From here you can see … ...
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EDOGAWA FIREWORKS FESTIVAL 2024 - AUGUST EVENTS IN TOKYO
Web Dec 4, 2015 A summer's night filled with lights and laughter. Venue: Edogawa River When: Early Aug 2024. We've all probably seen fireworks displays before and I guess … ...
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Web May 10, 2023 Aqualine Golf Club (Chiba) Photo via Aqualine Golf Club. The Aqualine Golf Club in Chiba Prefecture was designed by renowned course architect Shunsuke Kato … ...
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Web School Location. 7-6-3 Nishikasai, Edogawa-ku, Tokyo, 134-0088. 8 minutes walk from Nishi-Kasai Station (south exit) Situated in the quiet and beautiful area of Nishikasai, in … ...
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