Question

here availability of resource is not a guarantee of development explain it​

Answer 1

Answer:

Explanation:

Mere availability of resources does not necessarily guarantee economic development, this is because of the following: ... There are certain regions which are rich in resources but aren't economically developed. Along with resources, it is imperative to have appropriate technology to ensure optimum utilisation of resources.

Answer 2

Answer:

First, a few facts. The correlation between energy dependence and authoritarianism is clear. "There are twenty-three countries in the world that derive at least 60 percent of their exports from oil and gas and not a single one is a real democracy," observes Larry Diamond of Stanford University. There are numerous hypotheses to account for this correlation, as I note in my book, Weak Links: Fragile States Global Threats and International Security. Most obviously, easy resource revenues eliminate a critical link of accountability between government and citizens, by reducing incentives to tax other productive activity and use the revenue to deliver social services effectively. The same revenues also generate staggering wealth that facilitates corruption and patronage networks. Together, they consolidate the power of entrenched elites and regime supporters, sharpening income inequality and stifling political reform. The history of the oil-rich Arab Middle East has long been a case in point--with Saudi Arabia being exhibit A.