The Paradox of Plenty: The Political and Developmental Implications of Natural Resources in Sub-Saharan Africa

“The phenomena of the ‘paradox of plenty’ or the ‘resource curse’ in Sub-Saharan Africa (SSA) is well-known and documented. Both terms refer to the prevalence of slow growth rates despite large natural resource endowments. This paper will examine the underlying causes of the natural resource curse and briefly explore why most SSA countries become embroiled in its costly and negative practices.”