Why Countries Rich with Resources can be so Poor and How to Prevent It

Ellen Clardy, PhD
Oct 31, 2020 · 5 min read

A Discussion of “Does Information Break the Political Resource Curse? Experimental Evidence from Mozambique”

oil rig at sunset
oil rig at sunset
Photo by WORKSITE Ltd. on Unsplash

It seems logical that a country with no resources would be poor, so it seems puzzling when a country rich in resources is poor.

However, Armand, Coutts, et al. (2020) note the Resource Curse, defined as “a…

Read the rest of this story with a free account.

Already have an account? Sign in

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium