Kyle Harrison
concept

Resource Curse

Resource Curse

Within the wiki, the resource curse appears as one of the named topics of John Hoffmire’s weekly Deseret News column, sitting alongside the other development-economics threads he writes on — energy poverty, water access, ESOPs, family business, malaria, and financial literacy. It is referenced as a subject of his writing rather than analyzed in its own right in the source.

Context: The “resource curse” (or paradox of plenty) is the development-economics observation that countries rich in natural resources — especially oil and minerals — often grow more slowly and govern worse than resource-poor peers, due to mechanisms like revenue volatility, currency effects that crowd out other industries (Dutch disease), rent-seeking, and weakened state institutions.

Where this appears

  • John Hoffmire — listed as a named topic of Hoffmire’s weekly Deseret News column on energy poverty, water access, employee ownership, and development.