12∞ · Question 8.6.11
Why are resource-rich places so often poor?
Economists call it the resource curse. Oil, gems, and minerals can be extracted by outsiders and a small local elite without building a broad economy, and the revenue invites…
From the book 12∞ Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.
Where it sits in the book
- Part
- 8: Hidden, Suppressed, Forgotten, or Misunderstood
- Gate
- 8.6: Money in the Shadows
- In print
- Page 270
- ← 8.6.10 · What is “dark money”?
- 8.6.12 → · How do corporations shape what we believe?
- All of Part 8
Topics
Last updated