Current:Home > ContactWhy oil in Guyana could be a curse -×
Why oil in Guyana could be a curse
View
Date:2025-04-14 00:43:42
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! (32)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Tennessee hostage situation ends with brothers killed, 4 officers and victim wounded
- Darren Kent, British actor from 'Game of Thrones' and 'Dungeons & Dragons,' dies at age 39
- Christine Tran Ferguson Pens Heartbreaking Update on Her Grief Journey One Month After Son’s Death
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Why JoJo Siwa Is Planning to Have Kids Sooner Than You Think
- A former fundraiser for Rep. George Santos has been charged with wire fraud and identity theft
- Inmates at California women’s prison sue federal government over sexual abuse
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Al Michaels addresses low energy criticism: 'You can’t let things like that distress you'
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Kendall Jenner Shares Insight Into Her Dating Philosophy Amid Bad Bunny Romance
- Got a kid headed to college? Don't forget the power of attorney. Here's why you need it.
- Who wants to fly over Taliban-held Afghanistan? New FAA rules allow it, but planes largely avoid it
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Wendy McMahon named president and CEO of CBS News and Stations and CBS Media Ventures
- Ravens cornerback Marlon Humphrey to be sidelined by foot surgery
- Michigan State University plans to sell alcohol at four home football games
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
GA indictment poses distinctive perils for Trump, identifying bodies in Maui: 5 Things podcast
Invasive yellow-legged hornet found in US for first time
US attorney pleads with young men in New Mexico’s largest city: Stop the shooting
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Firefighters in Hawaii fought to save homes while their own houses burned to the ground
'Means the world': Pink responds to being first female stadium headliner in Wisconsin
Summer School 6: Operations and 25,000 roses