Economics, Econometrics and Finance
7 years ago

Nigeria's Natural Resources Fuel Corruption and Authoritarianism, Study Confirms.

RESOURCE CURSE: CASE STUDY OF NIGERIA
Adéla Zubíková

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The article examines whether Nigeria experienced negative effects from its natural resources, known as the resource curse. It looks at how oil wealth may have led to problems like corruption, authoritarianism, and inefficient decision-making. By comparing different studies, the researchers found evidence supporting the idea that Nigeria did indeed suffer from the resource curse.