#62: The Resource Curse
English Learning for Curious Minds | A More Interesting Way To Learn English
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The Resource Curse
When a country strikes gold, it can actually be worse for the people of that country than if they had never found it. Since 1990, oil-producing countries have been twice as likely to have had a civil war compared with non-oil-producing countries. While wars and conflict don't help, there are a plethora of reasons that countries with a lot of natural resources tend to grow slower than countries without them.
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