I don't think natural resources lead to tangible development.
name one country that has grown as a result of abundance of natural resources, hakuna;
See the some of the top economies in the world and what has made them kings:
USA - Innovation and consumption
Japan - manufacturing and savings
Germany - efficiency
UK - trade and services
China - mass manufacturing, knocking off other peoples innovations and savings
India - IT, consumption, cost cutting.
Israel - technology
UAE - International Services centre
Now for economies with abundant natural resources:
Saudi Arabia - a retarded mornach and some of the harshest laws against its people
Congo - I have no words
South Africa - Blacks are not exactly very happy, plus strikes every month
Venezuela - Lunatic as president
Angola - Suffering from debilitating Dutch disease
Iraq - recovering
A few that have managed to utilise their abundant natural resources well are;
- Norway
- Brazil
- Australia
- Canada
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins