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Arabica Robusta

Africa: The Next Victim in Our Quest for Cheap Oil | ForeignPolicy | AlterNet - 0 views

  • What have you learned from your experience on the book?MW: I have learned several things. The first is that oil is not always a curse, meaning that oil dependency does not always produce poverty or conflict or corruption. It did not in Norway or the U.K. But vast oil wealth captured by oil-producing governments always places the question of how that wealth is to be allocated and spent at the center. If oil is inserted into a corrupt federal system, then the combination of non-transparent Big Oil and authoritarian Big Government produces a perfect storm of violence, corruption, ecological destruction and poverty. And this storm will have a huge blowback.
Arabica Robusta

Does petroleum cause development shortcomings? - 10 views

authoritarian curse resource

started by Arabica Robusta on 07 May 08 no follow-up yet
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