natural resource curse
4 episodes mention this concept
EconomicsExplainedAug 20, 2023Comparative Economic Systems: Testing Capitalism vs. Communism Through Economic Twins
EconomicsMicroeconomicsMacroeconomicsScientific Method in EconomicsControlling Variables- EconomicsExplainedDec 24, 2022
Nauru's Phosphate Paradox: How the World's Richest Country Lost 90% of its GDP to the Natural Resource Curse
EconomicsNatural Resource CurseBoom and Bust CycleGDP per capitaFactors of Production 
NewEconomicThinkingDec 11, 2019Why Some Countries Are Rich and Others Poor: Ha-Joon Chang on the Historical Reality of Economic Development
EconomicsInternational dollarMarket exchange ratePurchasing power parity (PPP)Free trade- EconomicsExplainedJul 23, 2019
The Economic Paradox of Poverty: Instability, Resources, and the DRC's Path Forward
EconomicsAbsolute povertyAbject povertyMaslow's hierarchy of needsEconomic stability
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Related concepts
Concepts that appear alongside natural resource curse across episodes.
- foreign direct investment (fdi) regulation
- infrastructure development
- gradualist approach
- subsidized rate
- ethnic diversity
- abject poverty
- gdp per capita
- tariff protection
- purchasing power parity (ppp)
- phosphate mining
- market exchange rate
- international dollar
- corruption
- obesity epidemic
- economic diversification
- extra-territoriality
- cultural values (work ethic, thrift)
- government quality control
- absolute poverty
- economic development