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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]
Economic gains from natural resources are mostly beneficial when directed towards initiatives such as job creation, skill enhancement, capacity building, and pursuit of long-term developmental objectives. Thus, reliance on one or more natural resources holds financial risk when aiming for a stable economic growth. [28]
Contrary to the notion that overexploitation is an exclusively contemporary issue, the phenomenon has been documented for millennia and is not limited to human activities alone. Historical evidence reveals that various cultures and societies have engaged in practices leading to the overuse of natural resources, sometimes with drastic consequences.
"Unpaired words" at World Wide Words "Absent antonyms" at 2Wheels: The Return; Words with no opposite equivalent, posted by James Briggs on April 2, 2003, at The Phrase Finder; Brev Is the Soul of Wit, Ben Schott, The New York Times, April 19, 2010; Parker, J. H. "The Mystery of The Vanished Positive" in Daily Mail, Annual for Boys and Girls ...
Video of the terrifying incident ran on the station’s morning news program, capturing the sound of at least eight gunshots, then screams, and briefly showed Flanagan, 41, holding a gun.
Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk disclosed on his social media platform X that the agency is demanding ...
Natural forests are extremely biodiverse, with a wide range of organisms using them as their habitat. But oil palm plantations are the opposite. Studies have shown that oil palm plantations have less than 1% of the plant diversity seen in natural forests, and 47–90% less mammal diversity. [109]
Andrew Wiggins scored 30 points and the Golden State Warriors secured a knockout round spot in the NBA Cup with a 112-108 victory over the reeling New Orleans Pelicans on Friday night. Stephen ...
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