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Articles tagged "Resources"

The Beginning and End of the Oil Curse?

Why does oil wealth so often become a curse for developing states?  In the developing world, oil-producing states are fifty percent more likely to be ruled by autocrats, and more than twice as likely to have civil wars, as non-oil states. They are also more secretive, more financially volatile, and provide women with fewer economic and political opportunities.  For the last thirty years, good geology has led to bad politics. Not all states with oil are susceptible to the...

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