Description
The Democratic Republic of Congo (DRC) is a good example of the ‘paradox of plenty’ theory according to which countries and regions with an abundance of natural resources, especially non-renewable resources such as minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer resources.
The DRC has an enormous amount of natural resources such as minerals (tin, coltan, diamond, copper, cobalt, uranium, zinc, gold and nickel), energy (oil, methane, gas and high potential hydraulic and solar energy), forests (timber and non wood products including medicinal plants and wildlife) and water. This makes the DRC one of the richest African countries in terms of natural resources.
Information
- Author(s)
- Geraud de Ville
- Publisher
- Institute for Environmental Security
- Place published
- Brussels
- Date / journal vol no.
- December 2009
- Pages
- 7