Putin’s Assault of BP Shows Why the UK Must Embrace Nuclear Energy

Posted by Matt in May 31st, 2007

PERHAPS the greatest paradox in political economy is how countries endowed with the most bountiful natural resources almost invariably end up with deeply unsavoury regimes and the worst economic policies. In many cases, especially in Africa and the Middle East, this â€œresources curseâ€ means that commodity-rich countries are also among the poorest, with many of their citizens living in unnecessary squalor; in other cases, they may appear to be doing relatively well but are, in fact, failing to fulfil their true potential, preferring instead to channel their new-found wealth into an aggressive foreign policy.

Russia under the increasingly authoritarian regime of President Vladimir Putin is a perfect case study of the latter.

Map for London, England

[Countries link to CIA Factbook. States link to Wikipedia.]

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