Abstract
The resource curse explains the tendency of natural resource rich economies to perform poorly economically and how these resources mediate and are implicated in other development challenges like poor governance, corruption, excessive borrowing, currency movement, neglect of manufacturing and agricultural sectors and violent conflict. This chapter argues that the conceptualization of the curse suffers from methodological nationalism, where state weaknesses/strengths are regarded as the main factors that condition the impact of resources. This does not adequately account for diverse factors that shape development and geography. Based on actor network theory, the chapter posits that the curse is conditioned by a 'globalized assemblage' - interactions between and among national and local politics, transnational companies, technologies, actors, factors, structures and processes.
Original language | English |
---|---|
Title of host publication | Network Theory and Analysis |
Publisher | Nova Science Publishers, Inc. |
Pages | 1-34 |
Number of pages | 34 |
ISBN (Print) | 9781536134698 |
Publication status | Published - 7 May 2018 |
Externally published | Yes |
Keywords
- Globalized assemblages
- Network
- Political economy
- Relational