AbstractsBusiness Management & Administration

The impact of the resource curse – Nigeria

by Asser Tønnesen




Institution: Roskilde University
Department:
Year: 2016
Keywords: Nigeria; Resource curse; Governance
Posted: 02/05/2017
Record ID: 2099808
Full text PDF: http://rudar.ruc.dk/handle/1800/27527


Abstract

This project report have dealt with the Resource Curse of Nigeria. Also known as the Paradox of plenty. The paradox presents itself in the co-relation between an abundance of natural resources and underdevelopment in political progress as well as economic. The project have presented data confirming this theory´s relevance to the country. Poor institutional quality and subsequently underperforming non-oil sectors appear to stem from the oil sector of Nigeria. The project have pointed out poor institutions or bad governance as being the main causal factor behind the evident underdevelopment in the country, and have in that context presented a discussion concerning the obstacles and possibilities in reversing this trend. Advisors/Committee Members: Casse, Thorkil (advisor).