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Summary Of Does Oil Hinder Democracy Michael Ross

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Summary Of Does Oil Hinder Democracy Michael Ross
Like the title of the essay, Michael L. Ross wanted to explore the question: does oil hinder democracy? Throughout the world, states that are rich on oil and other valuable commodities tend to be undemocratic. Oil-producing states like Nigeria, Venezuela and other OPEC states display undemocratic characteristics where it fosters authoritarians to rule and states to lose accountability to its people. To make matters worse, paradoxically, these sates that are rich on natural resources are also some of the poorest and most volatile sates. Like a monkey’s paw, many resource-rich states are said to be “cursed” by having an abundance of natural resources. The natural resources of the respective states have been blamed for the civil wars, corruptions,
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