Tags » Resource Curse

Nigerian Population Growth

While this projection is based on linear growth rates it is still relatively in line with what U.N. reports have suggested. Nigeria is an interesting case, initially the country was seen as the classic case of resource curse, but increasingly it is able to translate its resources into sustained growth and some alleviation of poverty. 44 more words


Don't Blame the Abundance of Oil! The Volatility in Oil Revenues Combined With Poor Governmental Responses to these Volatilities Drives the Resource Curse

This blog is written by Kamiar Mohaddes, Senior Lecturer and Fellow in Economics at Girton College, University of Cambridge, UK.

According to the resource curse paradox, abundance of oil (natural gas, minerals and other non-renewable resources) is believed to be an important determinant of economic failure. 690 more words

ERF Events

Do Your Generals Speak Economics?


Why has the United States’ aim to do good in the world so often gone wrong? And if it has done so poorly, should it keep trying? 213 more words


China and Africa's most unscrupulous middleman has been detained in Beijing

A secretive Hong Kong tycoon that has been at the forefront of China’s push into Africa’s resource markets has been detained in Beijing, according to the Chinese business news magazine Caixin. 282 more words

UAE aims to increase contribution of non-oil GDP to 80%: Emirates dependence on oil and petroleum-based products

Abu Dhabi: The UAE government plans to increase the contribution of the non-oil sector to 80 per cent of the nation’s gross domestic product (GDP) from the present figure of 70 per cent in the next 10 to 15 years, Minister of Economy Sultan Bin Saeed Al Mansouri said. 787 more words

Middle East News

Feudal Fuel in Fossilized Lands

Profile :  Sachin W Bonde / Feudal Fuel in Fossilized Lands/  Sushma Sabnis

In a world where the human population and its unforgiving dependency on fossil fuel consumption tips the balance of the world’s natural resources, artist and printmaker Sachin W Bonde brings forth a critique which fuels the minds of the viewer, with his drawings, prints and installations..a profile by Sushma Sabnis.. 1,718 more words

Sushma Sabnis

The resource curse: how dependence on oil and gas hurts communities in the long run

Two recent studies provide clear evidence of a well-understood fact: communities that base their economies on oil and gas may enjoy a short term boom, but they suffer in the long term in per capita income, educational attainment and crime rate. 827 more words

Fracking Informaation