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The Politics Of Rsfs: An Antidote To Reversing The Resource Curse In Latin America?, Sarah Gagnon Jun 2012

The Politics Of Rsfs: An Antidote To Reversing The Resource Curse In Latin America?, Sarah Gagnon

Honors Theses

Over the past three decades, the world has become highly globalized. As such, most countries around the world depend on exports for a large portion of their national income. However, some countries’ dependency on exports is extreme, especially those that heavily rely on natural resource commodities. Despite the natural resource wealth that these commodities grant countries, due to the instability of global prices and the intensive focus of the resource extraction industry, scholars have theorized this type of dependency as a “resource curse.” The resource curse is a paradox where countries that are so rich in natural resources have not …