Current:Home > reviewsWhy oil in Guyana could be a curse -WealthFlow Academy
Why oil in Guyana could be a curse
Fastexy View
Date:2025-04-10 07:15:22
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! (9659)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- 10 service members injured, airlifted after naval training incident in Nevada: Reports
- Police arrest 4 in killing of 'General Hospital' actor Johnny Wactor
- Zoë Kravitz Details Hurtful Decision to Move in With Dad Lenny Kravitz Amid Lisa Bonet Divorce
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Nevada gaming regulators accuse Resorts World casino of accommodating illegal gambling
- Why Jana Duggar Says It Was “Disheartening” Watching Her Siblings Getting Married First
- Recalled cucumbers in salmonella outbreak sickened 449 people in 31 states, CDC reports
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Fentanyl, meth trafficker gets 376-year prison sentence for Colorado drug crimes
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Mark Meadows tries to move his charges in Arizona’s fake electors case to federal court
- General Hospital Actor Johnny Wactor's Death: Authorities Arrest 4 People in Connection to Fatal Shooting
- Did Dakota Johnson and Chris Martin Break Up? Here’s the Truth About Their Engagement
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- A studio helps artists with developmental disabilities find their voice. It was almost shuttered.
- Bibles, cryptocurrency, Truth Social and gold bars: A look at Trump’s reported sources of income
- Keke Palmer Shares How 17-Month-Old Son Leodis Has Completely Changed Her Life
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
West Virginia’s personal income tax to drop by 4% next year, Gov. Justice says
Ukraine’s swift push into the Kursk region shocked Russia and exposed its vulnerabilities
AP Week in Pictures: Global
What to watch: O Jolie night
Zoë Kravitz Details Hurtful Decision to Move in With Dad Lenny Kravitz Amid Lisa Bonet Divorce
Colorado man charged with strangling teen who was goofing around at In-N-Out Burger
Shine Bright With Blue Nile’s 25th Anniversary Sale— Best Savings of the Year on the Most Popular Styles