Oxford Earth Summit |  www.earthsummit.info |  Feedback |  Latest News! |  NGO of the week
Earth-Info.Net
banner
        Water |  Corruption |  Trade |  Environment |  Human Rights |  Education |  Health | Climate
  NEW! Earth-Info.Net weblog co-operative: Babirusa.OrgOxford-Forum.OrgBan The BulbSnare Art

Monday, March 08, 2004


Oil: A blessing or a curse?
The BBC is hosting a vigourous debate as to whether the production of $30 billion worth of oil is a blessing or a curse for impoverished African countries.

One contributor suggests that "the paradox of plenty" results in oil revenues creating a buffer between the government and the population, which fosters corruption, and leads to a loss of transparency and accountability.

Others seem to prefer blaming global capitalism, the CIA, African leaders, wanton corruption, debt, and a world prepared to watch money be squandered on an epic scale... in return for oil.


Home