The Coup in Niger: Why Resource-Rich Countries Are Poor
The reality, however, is that the country is now under military rule and the economy will get worse, not better. Supporters of the coup ask how a country, which is rich in uranium, coal, and gold, could be so poor. Many other resource-rich nations are also poor. Venezuela has oil; the Democratic Republic of the Congo has diamonds; and Angola has both oil and diamonds. And yet these countries are all poor.
