GEOG 216 Final > L23) The Resource Curse & Dutch Disease > Flashcards
L23) The Resource Curse & Dutch Disease Flashcards
The paradox of plenty
Causes of the Resource Curse: (3)
1) Income Volatility
2) Rent-seeking, patronage, & 'living off the land'
3) Dutch Disease
Avoiding the resource curse: examples in industrialized or developing nations