Defying the Resource Curse

If you won the lottery tomorrow, what would you do with the money? Whatever difficulty you have in arriving at an answer, imagine the dilemma an entire nation might face. Several countries have struck gold and squandered it. In this podcast, Todd Moss explains how countries can make the best use of their natural resource revenues: by giving it to the people. By providing a portion of natural resource revenue to citizens, countries can build a tax base and strengthen the pact between citizens and their governments.