The Resource Curse
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The Resource Curse
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About this listen
In this episode, Neil Weightman speaks with Dr. Eddy Weefa about the concept of the resource curse and its significance for natural resource governance and development.
The discussion explores why countries rich in oil, gas, and minerals often struggle to convert resource wealth into lasting economic prosperity, and how legal frameworks shape who ultimately benefits from extraction. Drawing on examples from Africa and beyond, the episode considers issues of contracts, regulation, accountability, and the social and environmental consequences of poorly governed resource industries.
Reflecting on the implications for law students and practitioners, the conversation highlights the role of law in promoting responsible resource management and sustainable development.