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resource curse

Title English: 
resource curse
Synonym English: 
dutch disease
Definition English: 
A paradoxical situation in which countries with an abundance of non-renewable resources experience stagnant growth or even economic contraction. The resource curse occurs as a country begins to focus all of its energies on a single industry, such as mining, and neglects other major sectors. Link to WWW
Title Arabic: 
انظر لعنة الموارد
Definition Arabic: 
انظر الداء الهولندي
Domain: 
Economic Development
Subject: 
Economic Statistics
InformationType: 
Term
SourceSymbol: 
language staff