It’s quite baffling to notice that resource-rich countries have an abysmal rate of growth. There is a huge paradox out here. At a time when natural resources are scarce and invaluable, how can such an irony exist? Let’s find out. To everyone’s surprise, the development ratios are found to be the worst in countries with huge … Continue reading Why Do Countries With Ample Natural Resources Grow Slower Than Those With Feeble Natural Resources?