How can a country rich in resources be so poor? Why is the energy industry a bad investment for developing countries? You would think that a country rich in natural gas and oil would also be rich in money, but you’d be wrong. The natural resource curse refers to the idea that countries rich in natural resources tend to suffer the most because the money often goes to authoritarian governments, rather than the people. Read below to learn about the natural resource curse and how it came about.
The Natural Resource Curse—A Paradox of Wealth & Poverty
