>As of at least 2023, there is no academic consensus on the effect of resource abundance on economic development[4]
Interesting. Do Japanese, and now Dutch, planners think they are free of the resource blessing?
[4] Alssadek, Marwan; Benhin, James (2023). "Natural resource curse: A literature survey and comparative assessment of regional groupings of oil-rich countries".
>For instance, the oil sector frequently
requires technical solutions to improve offshore oil drilling. This might
create positive knowledge externalities to support other sectors. If these
sectors trade with the oil boom sector in the economy, then
learning-by-doing spill-overs in the overall economy are expected. In
this scenario, the implications of the Dutch disease would not be evident,
and natural resources may in fact be a blessing rather than a curse.
the newly elected president criticized foundational research saying it doesn't "turn into jobs" and instead "ends up in an expensive book abandoned in a library".
That isn't the Dutch Disease, it's anti-intellectualism. It is where Pol Pots come from eventually, and it never leads anywhere good.
Pinochet was a garden variety kleptocrat and villain, not an ideologue. Where Milei falls remains to be determined.
edit: also no reason to make this thread deeper, but you seem to be missing the idea that I am insulting Pinochet. He didn't do it for any reason other than power and money. That is worse. For whatever reason, you appear to think I have views I do not, and are assuming the worst of my replies. I will not reply further.
>As of at least 2023, there is no academic consensus on the effect of resource abundance on economic development[4]
Interesting. Do Japanese, and now Dutch, planners think they are free of the resource blessing?
[4] Alssadek, Marwan; Benhin, James (2023). "Natural resource curse: A literature survey and comparative assessment of regional groupings of oil-rich countries".
>For instance, the oil sector frequently requires technical solutions to improve offshore oil drilling. This might create positive knowledge externalities to support other sectors. If these sectors trade with the oil boom sector in the economy, then learning-by-doing spill-overs in the overall economy are expected. In this scenario, the implications of the Dutch disease would not be evident, and natural resources may in fact be a blessing rather than a curse.
Or if you look at the issue more closely https://en.wikipedia.org/wiki/Dependency_theory
the newly elected president criticized foundational research saying it doesn't "turn into jobs" and instead "ends up in an expensive book abandoned in a library".
That isn't the Dutch Disease, it's anti-intellectualism. It is where Pol Pots come from eventually, and it never leads anywhere good.
Or, you know, the Chilean US puppet Augusto Pinochet who killed, jailed, or exiled professors, intellectuals, students etc.
Pinochet was a garden variety kleptocrat and villain, not an ideologue. Where Milei falls remains to be determined.
edit: also no reason to make this thread deeper, but you seem to be missing the idea that I am insulting Pinochet. He didn't do it for any reason other than power and money. That is worse. For whatever reason, you appear to think I have views I do not, and are assuming the worst of my replies. I will not reply further.
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