Podcast
Questions and Answers
What is a common issue in resource-rich countries according to the text?
What is a common issue in resource-rich countries according to the text?
How do elites in resource-rich countries capture large sums of revenue?
How do elites in resource-rich countries capture large sums of revenue?
What is a consequence of capital-intensive extractive industries as mentioned in the text?
What is a consequence of capital-intensive extractive industries as mentioned in the text?
Why are institutions weaker in resource-rich countries according to some researchers?
Why are institutions weaker in resource-rich countries according to some researchers?
Signup and view all the answers
What are some examples of tools used by elites to capture revenues in resource-rich countries?
What are some examples of tools used by elites to capture revenues in resource-rich countries?
Signup and view all the answers
How does the text describe job opportunities in resource-rich countries?
How does the text describe job opportunities in resource-rich countries?
Signup and view all the answers
What can happen to governments when they over-borrow during boom times?
What can happen to governments when they over-borrow during boom times?
Signup and view all the answers
Which countries experienced debt crises due to over-borrowing in the 1980s?
Which countries experienced debt crises due to over-borrowing in the 1980s?
Signup and view all the answers
What is the impact of Dutch disease on export-based manufacturing sectors?
What is the impact of Dutch disease on export-based manufacturing sectors?
Signup and view all the answers
What is the long-term consequence of inflation and exchange rate appreciation caused by Dutch disease?
What is the long-term consequence of inflation and exchange rate appreciation caused by Dutch disease?
Signup and view all the answers
Which term refers to the negative effect natural resources can have on other industries in an economy?
Which term refers to the negative effect natural resources can have on other industries in an economy?
Signup and view all the answers
Which countries have documented cases of stunted manufacturing sectors due to natural resources?
Which countries have documented cases of stunted manufacturing sectors due to natural resources?
Signup and view all the answers
What can help minimize the impacts of a large increase in natural resource revenues on the economy?
What can help minimize the impacts of a large increase in natural resource revenues on the economy?
Signup and view all the answers
Which countries have largely managed to overcome Dutch disease in the last 25 years?
Which countries have largely managed to overcome Dutch disease in the last 25 years?
Signup and view all the answers
What is a consequence of a large increase in natural resource revenues according to the text?
What is a consequence of a large increase in natural resource revenues according to the text?
Signup and view all the answers
How does the Resource Curse disproportionately impact women according to the text?
How does the Resource Curse disproportionately impact women according to the text?
Signup and view all the answers
What is one explanation for the lower representation of women in resource-rich countries according to the text?
What is one explanation for the lower representation of women in resource-rich countries according to the text?
Signup and view all the answers
What strategy can help a government overcome Dutch disease?
What strategy can help a government overcome Dutch disease?
Signup and view all the answers
