The Resource Curse and the History of Natural Resources Exporters

The idea of the so-called resource curse is a useful tool in political science if you want to debate on models but it's not terribly useful in dealing with the history of natural resource exporters. I think basically it's an exposced explanation until things go well and then they disappear again when prices are high. It would be wrong for the for the elites for the technographers for the people of oil exporting countries to forget the successes they had in their history, he says.