resource curse at Oil Change

Archive for the 'resource curse' Category

Gov Panel Says Give Delta 25% of Oil Revenue

1 Comment Published by Andy Rowell December 2nd, 2008 in African Oil, indigenous rights, resource curse

When Ken Saro-Wiwa and the Ogoni launched their campaign against the oil companies in the Niger Delta in the early nineties, one of their key demands was that they should receive a greater share of the oil wealth from the oil drilled from under their land.
Its seems a no-brainer really that the locals should benefit […]

Avoiding the Resource Curse?

0 Comments Published by Andy Rowell July 2nd, 2007 in African Oil, Corruption, resource curse

A good article in today’s New York Times about oil development in Sao Tome, the small principality off the West African Coast.
In contrast to much of African oil development – that has been plagued by corruption – Sao Tome’s oil development was meant to be different and benefit the local people. It was meant […]

Angola at Risk of Resource Curse

0 Comments Published by Andy Rowell December 13th, 2006 in African Oil, Oil, resource curse

The World Bank has warned that Angola risked the “resource curse” if it did not manage oil revenues better to promote development.
“The oil curse is a possibility here - but it has the opportunity to change the curse into a blessing if it puts good policies in place and improves transparency,” World Bank economist, Francisco […]