Sunday, April 1, 2012

Post of the Month: Somalia and the Resoure Curse

FYI - the most popular post on A World View for the month of March was this one about Somalia and the potential for them to suffer the "resource curse".

Oil has been discovered in the autonomous region of Puntland in north central Somalia.  On the surface, this should be a great deal for Somalia, a source of revenue that the war-torn country needs to try to start a new future.  But too often for developing countries, a valuable natural resource only leads to more poverty and more instability.  Will this happen again in Somalia?  Only time will tell.
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