The so-called "resource curse" is a bogus argument. We don't blame money when we mismanage banks.
@SomaKudi The Dutch Disease presupposes a manufacturing sector. It is not a function of mismanagement either.
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@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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