Tags » Resource Curse

Identifying the real causes of the Angolan Conflict:

Resources or a complexity of causal


MPLA: Movimento Popular para a Libertação de Angola ~Popular Movement for the Liberation of Angola

UNITA: Uniã Nacional para a Independência Total de Angola… 2,101 more words

Case Study

Venezuela - 700% inflation

A very good clip from CNBC – Venezuela’s economy has been in free fall since the 2014 collapse of oil prices, which left the socialist country unable to maintain its subsidies and price controls. 90 more words


Lifting the Resource Curse: Beyond Potions, Incantations, and EITI

Thanks to Google those who have had a curse put on them can find numerous ways to lift it: from drinking a special potion on the first night of the waxing moon to repeating a certain incantation 13 times while holding a rabbit’s foot.  981 more words


Sub-Sahara economies hit by fall in commodity prices.

Commodities have been the engine of growth for many sub-Saharan countries. Oil rich nations such as Nigeria, South Africa and Angola have accounted for over 50% of the region’s GDP whilst other resource-intensive countries such as Zambia, Ghana and Tanzania to a lesser extent. 436 more words


The importance of Geography

During class today, we learnt about the role geography plays in development and how it is a vastly divided topic in the field. Given the various different opinions and theories related to geography and development, I decided to explore a few notable theories in further detail to gain a better understanding about the debate surrounding the importance of geography in development. 487 more words

Development Theory & Practice

After oil what’s next for Saudi Arabia?

With oil prices being at historically low levels, oil exporting countries have been struggling to generate the revenue that was once apparent not so long ago. 639 more words


Is the Resource Curse a Myth?

Perhaps one of the most surprising and influential findings in development economics research is the so-called “resource curse”: the idea that a large natural resource endowment (and, consequently, a significant role for natural resource exports in the national economy) actually leads to slower economic growth, and lower per capita incomes (at least in the long term). 1,364 more words