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Nobel laureate to Africa's new resource rich: You'll probably end up poor

Frik Els | August 14, 2012 | 10:09 pm Energy Precious Metals Africa Coal Diamond Gold Iron Ore 

Joseph E. Stiglitz, Nobel laureate in economics and professor at Columbia University, has some sobering thoughts for Ghana, Uganda, Tanzania, and Mozambique; countries which have recently been in the news because of  discoveries of natural resources. Stiglitz says resources often...

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