Research: Natural Resources And Economic Development In Uganda
Countries in Africa have generally exhibited low levels of economic development and poor standards of living of citizens despite their enormous natural resources wealth (Atkinson & Hamilton, 2003). This tendency has been attributed to daunting challenges related to the exploitation of especially Africa?s extractive natural resources (Seedwell & Gladys, 2017). One of the significant issues is that the benefits accruing from exploitation of the Continent?s natural resources often do not flow through to the populace (Ayuk & Klege, 2017). However, the evidence presented in the literature on whether or not there exists a possible link between natural resources and economic development are mixed or inconclusive
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