I believe that kind of behavior explicitly qualifies under 'resource curse.' Even if they hadn't, check out the 'enclave effects' section of the Wikipedia artic

I believe that kind of behavior explicitly qualifies under 'resource curse.' Even if they hadn't, check out the 'enclave effects' section of the Wikipedia article. > "Oil production generally takes place in an economic enclave, meaning it has few direct effects on the rest of the economy." Venezuela is just one of many examples.