Скачать или смотреть When Natural Wealth Creates Poverty: The Hidden Economics of Resource-Rich Nations

Why do some of the most resource-rich countries in the world struggle with poverty, weak institutions, and economic collapse? This video explains the economic paradox known as the Resource Curse—the idea that discovering oil, gold, or diamonds can actually make a country poorer over time.
Using real-world examples from the Democratic Republic of Congo, Venezuela, Nigeria, and Sierra Leone, we break down how natural resources distort economies, weaken industries, and concentrate power in the hands of a small elite. You’ll learn how Dutch Disease destroys manufacturing and agriculture, why rentier states stop responding to their citizens, and how corruption and capital flight drain billions from resource-dependent nations every year.
We also explore why countries with few natural resources—like Japan and South Korea—were forced to build stronger institutions, diversify their economies, and invest in human capital. Finally, we examine why escaping the resource curse is so rare, and what lessons policymakers and investors should take away from it.
If you want a clear, structured explanation of one of the most misunderstood ideas in economics, this video is for you.
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