China is fueling a new ‘resource curse’ — and riots around the world
Monkey Cage, Washington Post
During the past 15 years, China’s demand for primary commodities has triggered a dramatic increase in natural resource extraction in the developing world. The mining boom has spurred economic growth and social gains for many low-income countries. There’s a catch — the associated environmental and societal consequences have sparked social conflict across more than 50 developing nations. These rising local costs threaten to lead to a new “local resource curse,” where the negative side effects of resource production threaten to undermine the broader economic benefits of extraction.
The Washington Post, Monkey Cage, April 25 2018