Resource curses are more likely in fragmented authoritarian regimes

Abundant natural resources like oil and gas rarely turn out to be a real blessing for a country. More frequently they distort economic policies, discourage entrepreneurial activity and ultimately suppress economic growth. Yet not all countries suffer from this resource curse to the same extent: some manage to escape it or even turn natural resources into a blessing. An important … Continue reading Resource curses are more likely in fragmented authoritarian regimes