I read an interesting article once that mentioned, the worst thing that can happen to your country is that it sits on a large supply of rare resources.
You'd think it would make you rich; instead it makes you miners, and ripe for invasion.
The Resource Curse. It’s not a given, but it’s a dangerous pitfall that must be avoided. England had coal. Norway has oil. If you don’t have strong institutions, someone will take control of it, like modern Russia for instance.
The Resource Curse. It’s not a given, but it’s a dangerous pitfall that must be avoided. England had coal. Norway has oil. If you don’t have strong institutions, someone will take control of it, like modern Russia for instance.