A Few Lessons from Venezuela: Introducing a New Path of Appropriate Farming and Appropriate Renewable Energy

Abstract

In development economics literatures, there is a known term for developing countries which tend to mismanage natural resources, that term is called natural resources curse. And two examples which have been discussed quite often is Venezuela and Norway. Here we also discuss other countries as well, including Argentina and a few lessons for Indonesia in choosing the next course of development path, especially with appropriate farming and appropriate renewable energy.