The "Resource Curse" refers to the paradox where countries rich in natural resources, like oil or minerals, often experience less economic growth and worse development outcomes than countries with fewer resources. This phenomenon can lead to issues such as corruption, conflict, and economic instability, as governments may become overly reliant on resource revenues instead of diversifying their economies. Additionally, the abundance of resources can create a lack of incentive for innovation and investment in other sectors. This reliance can result in a volatile economy, as fluctuations in global resource prices can severely impact national budgets and social welfare, ultimately hindering long-term progress and stability.