Countries with abundant natural resourcescan have poorer development and economic outcomes than countrieswith fewer natural resources – often referred to as the resource curse

the term “rare-earth minerals” is a misnomer: these elements are abundant and geographically dispersed. Eighty percent of the world’s lithium reserves, 66 percent of its nickel reserves, and 50 percent of its copper reserves are in democracies. Eighty percent of oil reserves, by contrast, are in OPEC countries, nearly all of which are autocracies