resource curse

Impact
As we celebrate the international day of the world's indigenous peoples, we must address how indigenous peoples are robbed of their right to sustainable development, now and in the future.
Latino Voices
Venezuela is at the mercy of its fluids. For a country that depends on oil for 95 percent of its exports, the prolonged drop
Impact
How many philosophers does it take to change a light bulb? It depends on how you define change.
Business
At the moment, the contraction in China and slow growth in Europe is affecting the continent. For the last ten years, Africa
Impact
Today, a group of Lebanese from across the world launched an initiative focused on supporting a vital sector for the future of Lebanon that we hear relatively little about: Lebanon's potential oil and gas industry.
The World Post
Timor-Leste's current stability could be undermined by a sharp decline in oil revenues and leadership challenges if the country's first president and current prime minister Xanana Gusmão steps down later this year as announced.
Books
If the Chad-Cameroon pipeline is a prism, what is wrong with the World Bank's approach? A new book by Bruce Rich, a veteran Bank observer and critic, provides a compelling answer.
The World Post
Sudden oil wealth sounds like a winning lottery ticket, but for many countries, it's a disaster. Too often, a gusher breeds corruption, economic dislocation and conflict.
Business
Once natural resources are found, the road to prosperity is technically a straight on, if it wasn't for the large potholes on the way that have the power to capsize the whole nation.
Environment
The battle the Kuy and Chut Wutty are fighting against the march of logging, plantations and mining companies into the forest of Cambodia holds an uncanny resemblance to the plot of Avatar. Except this is real-life. And the bullets are real.
The World Post
The Kimberley Process's refusal to address the clear links between diamonds, violence and tyranny has rendered it hopelessly ineffectual. In effect, it has become an accomplice to diamond laundering.
The World Post
Nigeria, perhaps the world's poster child for the oil curse, is the latest country to deploy a sovereign wealth fund as a tool to try to better manage national income.
Business
Soros also warned that not backing revolutions in oil-producing countries could leave the U.S. out of the loop when new, more
The World Post
Nestled near the end of the Wall Street Reform Act is two and half pages of text that aim to bring much needed transparency to the oil industry. What impact will this law have? Uganda could provide a first test case.
Business
The development-based argument for contract transparency was further illustrated by the real-life example of the World Bank
The World Post
The world breathed a collective sigh of exasperation last week as it was discovered that Zimbabwe hosts a sizable diamond depository. I have two problems with this resource curse narrative.
Politics
The Afghan minerals report isn't some everyday propaganda trying pitifully to sell a trillion dollar debt-war to a nation of unemployed. This is a very specific talking point explicitly targeting the foreign policy community
Business
The oil spill highlights the inadequacies of our present system. We need a system where large, systemically relevant firms pay into a transparently managed national clean up and environmental restitution fund.