Phronesis and Resource Curse Hypothesis in Post-Independent Sierra Leone

Emerson Jackson

EconStor Open Access Articles and Book Chapters, 2016, vol. 3, 1-11

Abstract: This study was undertaken with a view of presenting a balanced critical discourse on the concept of Phronesis as applied in the political economy of Sierra Leone. The country is renowned for being endowed with the abundance of non(renewable) natural resources, while at the same time for poor management of resources which has given rise to its classification under the brand name of 'resource curse or Dutch disease'. Based on critical phenomenological discourses of scholarly literature and the analytical hermeneutics of secondary data collected, evidence to some extent have pointed to the fact that both colonial and post-independence governance contributed immensely to the resource curse syndrome in Sierra Leone; a situation where poor management of natural resources has been a disaster, rather than a blessing in the country's sustained pathway of development. The paper thus conclude that Sierra Leone, is capable of recovering from the alleged symptom of 'resource curse/Dutch disease', but only in a situation where the rule of law is effectively applied with perpetrators of unethical acts leading to the exploitation of natural (non) renewable resources are (severely) punished to deter future cases of unethical practices.

Keywords: Phronesis; Paradox of Plenty; Political Economy; Sierra Leone (search for similar items in EconPapers)
JEL-codes: F50 N57 P16 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/175658/1/SSRN-id2908042.pdf (application/pdf)

Related works:
Journal Article: PHRONESIS AND RESOURCE CURSE HYPOTHESIS IN POST-INDEPENDENT SIERRA LEONE (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:175658

Access Statistics for this article

More articles in EconStor Open Access Articles and Book Chapters from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().