The Resource Curse in Uganda: A Legal Analysis of Oil Governance and Sustainable Development Challenges
Abstract:This article explores the phenomenon of the "resource curse" in oil-rich countries, focusing on its effects on economic growth, political stability, and social welfare. Despite the potential for significant wealth generation, resource-rich nations, particularly in developing regions, often face adverse outcomes such as economic stagnation, governance challenges, and environmental degradation. Using Uganda as a case study, the article examines how oil wealth can exacerbate social inequalities, foster corruption, and undermine sustainable development. It also assesses Uganda's legal and policy frameworks, identifying gaps in governance that may contribute to the resource curse. The article highlights the importance of strengthening legal and institutional frameworks, enhancing transparency, and ensuring that oil revenues contribute to sustainable economic development. Comparative analysis with countries like Norway and Botswana, which have successfully managed their resource wealth, provides insights into best practices for mitigating the resource curse. Ultimately, the article calls for collective action from the government, civil society, and international stakeholders to foster a balanced approach to oil governance that aligns with sustainable development goals, ensuring that oil wealth benefits both current and future generations)
Download File [ 0.20 MB ]