Economics & Finance
Reversing Resource Curse
When a country or region possesses abundant natural resources but lacks long-term infrastructure and institutional capacity, it falls into a 'resource dependency trap.' The key to reversing this curse lies not in the resources themselves, but in transforming point-based resource extraction into a networked flow system—scaling marginal utility from single-point exploitation to cross-regional supply allocation.
Read the daily articles behind this idea on the Chinese edition.