Direct Dividend Transfers Empower Citizens, Curb Resource Curse in Developing Nations
This article explores how countries with a lot of natural resources can give some of the profits directly to their citizens to improve their lives. The researchers looked at how political factors influence this decision. They found that when countries have fair elections, little corruption, and accountability in their spending, they are more likely to give money to citizens. Also, if a lot of people are poor and the government is not very effective, it makes it more likely for countries to give money directly to citizens instead of investing in public services. These specific conditions are not common, which explains why only a few countries have chosen to give direct cash transfers to their people from resource profits.