Chile versus Venezuela: The Resource Curse
April 23, 2018
This article was written as part of the course “Latin American Economic Development” offered by Professor Marla Ripoll, Department of Economic, University of Pittsburgh.
This article was written as part of the course “Latin American Economic Development” offered by Professor Marla Ripoll, Department of Economic, University of Pittsburgh.
Diverse studies observe that social conflicts and protests arise in areas where natural resource extraction occurs (Arellano-Yanguas 2011a, b). Recently, several intense localized protests have occurred at mining sites in almost all the democratic countries of Latin America (except in Paraguay); for instance, these social demonstrations have arisen in Peru (Conga), Chile (Mina Invierno), Argentina (Fanatina), Panama (Cerro Colorado), Uruguay (Aratirí), Costa Rica (Crucitas de Crutis), and Ecuador (Fruta del Norte).