How natural resources effect the econmy

These articles will give you some interesting ideas:

http://scholar.google.com/scholar?hl=en&ie=UTF-8&q=Natural+resources+effect+on+economy&spell=1

http://en.wikipedia.org/wiki/Resource_curse

http://www.parl.gc.ca/information/library/PRBpubs/prb0586-e.htm

http://209.85.165.104/search?q=cache:enZCUWdiC6YJ:www.ids.ac.uk/gdr/cfs/drc-pubs/summaries/summary%252021-Rosser-ResourceCurse.pdf+Natural+resources+effect+on+economy&hl=en&ct=clnk&cd=5&gl=us&ie=UTF-8

The impact of natural resources on the economy can be both positive and negative. It largely depends on how these resources are utilized and managed.

One positive effect of natural resources on the economy is through the creation of jobs and income opportunities. Extracting and processing natural resources often requires a significant amount of labor, which can lead to employment opportunities for local communities. Additionally, the revenue generated from the export or sale of these resources can contribute to economic growth and development.

However, there are also potential negative effects associated with natural resources. One commonly discussed phenomenon is the "resource curse" or "paradox of plenty." This refers to situations where countries rich in natural resources experience slower economic growth, increased corruption, and political instability. This can happen due to several factors such as over-reliance on a single resource, mismanagement of revenues, and the crowding out of other sectors of the economy.

To understand the specific effects of natural resources on the economy, it is important to examine case studies, academic research, and expert opinions. The articles provided in the links can give you a deeper understanding of the topic. The first link leads to a Google Scholar search where you can find academic papers on the subject. The second link directs you to the Wikipedia page on the resource curse, which provides an overview of the concept. The third link is a publication from the Parliament of Canada that discusses the impact of natural resources on the Canadian economy. The fourth link is a research paper that explores the resource curse in the Democratic Republic of Congo.