Current:Home > reviewsWhy oil in Guyana could be a curse -VisionFunds
Why oil in Guyana could be a curse
Fastexy Exchange View
Date:2025-04-07 13:18:17
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! (25)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Inside Shakira's Fierce New Chapter After Her Breakup With Gerald Piqué
- Misery Index Week 2: Alabama has real problems, as beatdown by Texas revealed
- Which NFL teams most need to get off to fast starts in 2023 season?
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Turkey cave rescue of American Mark Dickey like Himalayan Mountain climbing underground, friend says
- Former British Prime Minister Liz Truss has a book coming out next spring
- Panda Express unveils new 'Chili Crisp Shrimp' entrée available until end of 2023
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Explosion at Archer Daniels Midland facility in Illinois injures employees
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Are almonds good for you? Learn more about this nutrient-dense snack.
- Tennis star Rosemary Casals, who fought for equal pay for women, reflects on progress made
- Germany defeats Serbia for gold in FIBA World Cup
- Retirement planning: 3 crucial moves everyone should make before 2025
- 'Good Morning America' host Robin Roberts marries Amber Laign in 'magical' backyard ceremony
- Ja'Marr Chase on trash talk after Bengals' loss to Browns: 'We just lost to some elves'
- Call of Duty: How to fix error code 14515 in Modern Warfare 2
Recommendation
Meta releases AI model to enhance Metaverse experience
With Rubiales finally out, Spanish soccer ready to leave embarrassing chapter behind
Ashton Kutcher, Mila Kunis address criticism for sending character reference letters in Danny Masterson case
Sunday Night Football highlights: Cowboys rout Giants in NFC East showdown
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Explosives drop steel trestle Missouri River bridge into the water along I-70 while onlookers watch
Thailand’s LGBTQ+ community draws tourists from China looking to be themselves
Guns n’ Roses forced to delay St. Louis concert after illness 30 years after 'Riverport Riot'