(Answered):Oil Natural Resources . . . .

Question Description

Oil and Human Rights.

Natural resources have been the engine of many wars and economic/political upheavals that ended in the deaths of thousands of innocent people. Oil, like many other natural resources, has been variously described as a source of “disease” or even, by some, as a “curse,” bringing adverse changes in relative prices, corruption, rent seeking, and other ills that result in the dissipation of most possible benefits—if not in extreme cases, in an outright decline in living standards. Oil and other natural resources are linked to many undesirable outcomes, such as civil war, autocracy and lack of