Resource Nationalism

Resource nationalism is a political and economic strategy where a country's government prioritizes control over its natural resources, such as oil, gas, minerals, and water, often limiting foreign investment and ownership. This approach aims to ensure that the benefits from these resources are used for national development, economic growth, and local communities. While it can enhance national revenue and sovereignty, resource nationalism might also deter foreign investors and can lead to tensions between governments and multinational corporations. Ultimately, it reflects a nation's desire to assert control over valuable assets that are seen as integral to its identity and future.