Resource nationalism: a threat or a panacea to economic development

I seek to achieve three objectives in my lecture: first I attempt an outline of the evolution of economic thought regarding progress from the medieval period to contemporary times. Following the discussion of the mainstream theories of economic growth I then review the associated empirical literature. I also consider a brief case study on two successful countries before addressing the question whether resource nationalism matter in determining economic development. Lastly, I provide some policy recommendations for economic development in South Africa and other resource rich countries on the continent