Current：Home > ContactWhy oil in Guyana could be a curse -ValueCore
Why oil in Guyana could be a curse
View
Date：2025-04-13 19:51:05
In 2015, Guyana changed forever when ExxonMobil discovered major oil deposits off its coast. The impoverished South American country known for its thick rainforest was suddenly on course to sudden wealth.
But while a mining boom may seem like only a good thing, it can often be bad for countries long-term. Today on the show, how Guyana can still avoid the so-called resource curse.
Related episodes:
Norway has advice for Libya
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood！ (56)
Related
- 'Most Whopper
- 3 witchy books for fall that offer fright and delight
- Why It is absolutely not too late for Florida's coral reefs
- Family Dollar issues huge recall for over-the-counter drugs, medical devices in 23 states
- This was the average Social Security benefit in 2004, and here's what it is now
- Woman faces charges after 58-year-old man dies in her care at Michigan nursing home
- Kentucky leaders celebrate end of Army’s chemical weapons destruction program
- Norway activists renew protest against wind farm on land used by herders
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Vaccine hesitancy affects dog-owners, too, with many questioning the rabies shot
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- 'Top moment': Young fan overjoyed as Keanu Reeves plays catch with him before Dogstar show
- Quake in Afghanistan leaves rubble, funerals and survivors struggling with loss
- Man who found bag of cash, claimed finders-keepers, pays back town, criminal charge dropped
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- German government forecasts that the country’s economy will shrink by 0.4% this year
- Vaccine hesitancy affects dog-owners, too, with many questioning the rabies shot
- Shop the Best Amazon October Prime Day Fashion Deals 2023 to Upgrade Your Fall Wardrobe
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
George Santos denies new federal charges, including credit card fraud, aggravated identity theft
13-year-old Texas boy convicted of murder in fatal shooting at a Sonic Drive-In, authorities say
Cold comfort? Americans are gloomy on the economy but a new forecast from IMF signals hope
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Jada Pinkett Smith Says Chris Rock Once Asked Her on a Date Amid Will Smith Divorce Rumors
Why are there multiple Amazon Prime Days in 2023? Here's what to know.
These Maya women softballers defy machismo — from their mighty bats to their bare toes