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The Natural Resource Curse In Sub-Saharan Africa: Transparency And International Initiatives, Meaza Zerihun Demissie

Dissertations

The Sub-Saharan Africa (SSA) region has become a classic case of the resource-curse phenomenon characterized by the abundance of natural resources, low economic development, and misuse of natural resources. Economic-development experts debate ways to overcome or avoid the resource curse to advance SSA countries into developed countries. Only one natural resource-rich country in the region, Botswana, has succeeded in becoming an upper middle-income country using its natural resources, making the possibility of replication of this achievement difficult. The literature aligns in the belief that the economic and political well-being of resource-rich nations depends highly on the actors involved. National and …