IDS WEEK 9
3 BASIC QUESTIONS TO ASK?
1) Is an abundance of natural resources bad for mgrowth and development?
2) If so what causes this resource curse?
3) How can we overcome the resource curse?
More money you could get at through resources it was better.
All post colonial nation wanted to be at the industrial take of stage of rostows model.
The resource curse and economic development
From the stats the resource rich countries grow more slowly.
Resource rich have lower rates of increase in their per capita income,