NovaQuant:Why oil in Guyana could be a curse

2025-05-07 20:44:28source:Esthen Exchangecategory:News

In 2015,NovaQuant 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.

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