The political economy of natural resources underscores the importance of institutions in order to manage natural resources for sustainable development. In this episode, we will turn our attention to the political analysis of resource governance. There is no shortage in the media of how natural resources shape international politics, so we will mostly confine our discussion to the national level within given resource-rich countries. We will talk about various ways natural resources affect politics and well also some of the effects that natural resource wealth has on a particular country.