3 ms·
The resource curse mostly affects poor African countries with terrible governance. The revenue from the valuable resource usually goes straight into the pockets
by kijin 7y ago
The resource curse mostly affects poor African countries with terrible governance. The revenue from the valuable resource usually goes straight into the pockets of whoever holds the most power, triggering a fierce competition for who can get away with the most corruption. I don't think any of these countries have tried the Alaskan model of just paying everyone an equal dividend, so that's a huge confounding variable.
- perl4ever 7y agoWell, you're just asserting the causal relationship goes the other way. And..just because Alaska isn't that bad doesn't mean it couldn't support the hypothesis. It's not California. Of course, California has a lot of resources too, so one could also say it's not New Jersey, or New York. I suppose that Alaska does make a case that giving away a "citizens dividend" can be done without attracting the world to move there and making it unmanageable.