The oil curse
Revenue
Petroleum products
Developing countries, economic policy
Civil war
Developing countries
Petroleum industry and trade
Natural resources
Women, social conditions
Prices
Government policy
Economic policy
Women
Social conditions
Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this analysis, the author looks at how developing nations are shaped by their mineral wealth, and how they…
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