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Podcast: Global Dispatches -- World News That Matters
Episode: New Research Shows How Countries Can Avoid the "Resource Curse"
Description: The riddle of how to avoid the so-called "resource curse" has bedeviled a generation of policy makers, economists and academics. Â Resource curse refers to the negative consequences that befall a country when it discovers a valuable natural resource, like oil. Often times the discovery of oil does not propel a country's economic development, and can even set a country back. Â My guest today is engaging in ground-breaking research that suggests some ways that a government may avoid the resource curse. Sam Hickey is a professor of the politics and development at the Global Development Institute at the University of Manchester . An...