resource curse

Oil multinationals in Nigeria divesting their onshore assets to local firms resulted in substantial improvements in output and declines in oil theft and violence, driven by politically connected firms

Anti-corruption regulation against multinational corporations in developed countries can increase the local economic benefits of natural resource extraction for African communities

Natural resource discoveries trigger FDI bonanzas and employment booms through a local FDI job multiplier, but also induce political instability

The effect of illegal ‘resources’ on conflict depends on the country context, group competition, and the government’s capacity to enforce laws

Mineral-rich countries often do not prosper economically due to increased local conflict associated with foreign ownership of mines