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Economics

The Resource Curse and Its Impact on Political Accountability

Quick fact

Oil-rich countries have a 50% higher chance of being authoritarian than their non-resource-rich counterparts, and they face higher risks of civil war. This surprising pattern is known as the resource curse.

Why this is interesting

Imagine a country so rich in oil that its citizens never pay taxes—yet the government rarely listens to them. Why does vast wealth sometimes weaken democracy rather than strengthen it?