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Transnational Thursday for August 8, 2024

Transnational Thursday is a thread for people to discuss international news, foreign policy or international relations history. Feel free as well to drop in with coverage of countries you’re interested in, talk about ongoing dynamics like the wars in Israel or Ukraine, or even just whatever you’re reading.

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Thus Norway got both the eventual ownership of the dams and a skilled workforce who knew how to operate them.

If a low IQ country tried to copy this policy, most likely it'd have been unsuccessful and people said '$countryname$ tried too hard with its protectionism, protectionism bad

but you also have countless examples of oil wealth leading to corruption and a slow descent into poverty and misery for the citizens.

Resources are never a curse. These examples almost certainly would have been even worse without oil, just not as notable ones.