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The resource curse, also known as the paradox of plenty or the poverty paradox, is the hypothesis that countries with an abundance of natural resources (such as fossil fuels and certain minerals) have lower economic growth, lower rates of democracy, or poorer development outcomes than countries with fewer natural resources. [1]
The territory's natural resources are limited to fish and crustaceans. Economic activity is limited to servicing meteorological and geophysical research stations and French and other fishing fleets. [25] The main fish resources are Patagonian toothfish and spiny lobster.
This point is called the maximum sustainable yield, and in practice, usually occurs when the fishery has been fished down to about 30% of the biomass it had before harvesting started. [24] It is possible to fish the stock down further to, say, 15% of the pre-harvest biomass, and then adjust the harvest rate so the biomass remains at that level.
The depletion of resources hinders economic growth because growing economies leads to increased demand for natural, renewable resources like fish. Thus, when resources are depleted, it initiates a cycle of reduced resource availability, increased demand and higher prices due to scarcity, and lower economic growth. [47]
Natural resource management is a discipline in the management of natural resources such as land, water, soil, plants, and animals—with a particular focus on how management affects quality of life for present and future generations. Hence, sustainable development is followed according to the judicious use of resources to supply present and ...
The Small Island Developing States (SIDS) are a grouping of developing countries which are small island countries and small states that tend to share similar sustainable development challenges. These include small but growing populations, limited resources, remoteness, susceptibility to natural disasters , vulnerability to external shocks ...
A terrifying breed of fish could migrate to Australia. Native to south-east Asia, this fish has strong spines on its pectoral fins that enable its body to "walk" across dry land.
The second number is the total number of distinct countries or territories that the country or territory borders. In this instance, if the country or territory shares two or more maritime boundaries with the same country or territory and the boundaries are unconnected, the boundaries are only counted once.