
The Dig: The Fall of OPEC w/ Giuliano Garavini
Jacobin Radio
00:00
The Resource Curse and the History of Natural Resources Exporters
The idea of the resource curse is a useful tool in political science if you want to debate on mothers but it's not terribly useful in dealing with the history of natural resource exporters. I think basically it's an exposse explanation until things go well so let's say until the 1970s when these countries were among the countries that were doing better in the economies nobody spoke of a resource curse. It disappears again when the prices are high in the middle of the 2000s and then it reappears when the price crash and then today that the prices are quite high. What they argue is you know export that stuff but get less money out of it which is weird what they should do is that
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