Why Natural Resources Are a Curse on Developing Countries and How to Fix It

Posted on by Mr. Lakhaney

Natural resource revenues have also been linked to slow economic growth rates, inequality, and poverty. One culprit may be the so-called “Dutch disease,” whereby resource revenues raise a country’s exchange rate, hurting competitiveness in non-resource sectors.

https://www.theatlantic.com/international/archive/2012/04/why-natural-resources-are-a-curse-on-developing-countries-and-how-to-fix-it/256508/

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