Beyond the Resource Curse | Guyana News

Guyana News Today | 2 Min News | The Daily News Now! · Jul 15, 2026 · 1m

The resource curse isn’t about bad leaders—it’s about broken systems. Countries with vast natural wealth often fail because they can’t turn temporary riches into lasting progress. Instead of building diverse economies, they become addicted to resource income, leaving industries weak and politics chaotic. Norway proves it’s possible: smart policies, strategic investments, and a sovereign wealth fund turned oil into enduring national strength. Meanwhile, Nigeria and Venezuela show what happens when oil replaces economic vision—economies collapse, institutions erode, and power fights over money…