Abstract

In political science, democracy is generally associated with high levels of economic development. However, some scholars note that this is true only as long as economic development is not based on possession of rich energy resources. Many resource-rich states are nondemocratic regimes. This is sometimes called the “resource curse.” This means that “natural resource abundance may stimulate rent-seeking behavior that, together with highly concentrated bureaucratic power, induces corruption in the economy and hence lowers the quality of institutions.” It also means that “resource wealth itself may harm a country's prospects for development” and that “oil and mineral wealth tends to make states less democratic.”

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