@Calestous Hmmm. Very interesting that you don't believe in the resource curse theory. So, what do you say about the Dutch Disease et al?
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@SomaKudi The Dutch Disease presupposes a manufacturing sector. It is not a function of mismanagement either. -
@Calestous Very true. So you don't believe in an oil curse, you believe the curse is more manmade than natural.. -
@SomaKudi It is self-inflicted. If you steal from a bank you don't blame it on the existence of money. Do you? - 1 more reply
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@Calestous Yea Compare Austalia & Congo. Why Australia's resource is not a curse? 'cos it is well managed. But, this is not a case in Congo.Thanks. Twitter will use this to make your timeline better. UndoUndo
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True, RT
@Calestous The so-called "resource curse" is a bogus argument. We don't blame money when we mismanage banks.Thanks. Twitter will use this to make your timeline better. UndoUndo
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QT
@Calestous: The so-called "resource curse" is a bogus argument. We don't blame money when we mismanage banks.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@Calestous True Prof. There is no resource curse in Africa. What we have are bad policies that are skewed towards those who amass wealth.Thanks. Twitter will use this to make your timeline better. UndoUndo
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