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Mozambique: another victim of the resource curse?

The "resource curse" is a term used to characterize the risks faced by poor countries where natural resources that are object of international greed are discovered. The promise of abundance arising from the enormous commercial value of resources and from the investments required to achieve it is so convincing that it starts to influence the pattern of economic, social, political, and cultural development.

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06.12.2012 | by Boaventura de Sousa Santos