Damages cover image

S3 Ep4 | Constiutional Violation

Damages

CHAPTER

The Consequences of Sudden Wealth from Natural Resources on Developing Countries

The chapter explores the inequalities and lack of equitable distribution of benefits caused by sudden wealth from natural resources in developing countries. It discusses the control of resources by elites, the failure to reinvest in sustainable strategies or education, and the displacement of urgent problems. Contrasting outcomes in South Korea and Nigeria are highlighted, along with the example of Alberta in Canada.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner