It strikes me that this might already be happening to an extent in the form of getting favourable access to natural resources. Also within the countries that get their income mostly from exporting natural resources the living standard of people irrelevant to the value extraction process doesn’t develop. Thus you have oil sheiks in a country riddled with poverty.
It strikes me that this might already be happening to an extent in the form of getting favourable access to natural resources. Also within the countries that get their income mostly from exporting natural resources the living standard of people irrelevant to the value extraction process doesn’t develop. Thus you have oil sheiks in a country riddled with poverty.