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  • Writer's pictureEduardo Schneider Lersch

The curse of oil

In this book by Michael Ross, the study focuses on the impact of oil wealth on countries and societies around the world and the complex relationship between oil wealth and political power, looking at how oil-rich nations often fall victim to corruption, authoritarianism and economic instability. Through historical analysis and case studies, Ross explores the phenomenon of the "natural resource curse", in which countries with abundant natural resources often struggle to achieve sustainable development and democracy.

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