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Why Africa Is Still Poor - Exclusive Interview with Daron Acemoglu

Economics Explained

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Impact of Natural Resources on Governance and Societal Stability

Exploring the dual nature of natural resources as tools, this chapter delves into how they can both empower and destabilize nations through corrupt governance and civil unrest. Through real-world examples from countries like Norway, Iran, and Saudi Arabia, the chapter underscores the critical role of resource management in shaping societal well-being.

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