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Blessing: It allows for rapid modernization and growth in an area that is otherwise almost completely unproductive and financially non-viable.

Curse: It allows for the survival of cruel and authoritarian dictatorships since they can support themselves on oil revenues without having to deal with taxation and "paying" (both to stop people from protesting and to hire police to beat those who won't back down to money) to avoid needing to concede to partial democratic reforms.

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Q: How is oil both a blessing and a problem for the Arabia peninsula?
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