Current:Home > FinanceWhy oil in Guyana could be a curse -WealthRoots Academy
Why oil in Guyana could be a curse
View
Date:2025-04-11 14:19:00
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! (8355)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Hot tubs have many benefits, but is weight loss one of them?
- Was this Chiefs' worst Super Bowl title team? Where 2023 squad ranks in franchise history
- Super Bowl ad for RFK Jr. stirs Democratic and family tension over his independent White House bid
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Bob's Red Mill founder, Bob Moore, dies at 94
- Super Bowl 58 bets gone wrong: From scoreless Travis Kelce to mistake-free Brock Purdy
- 'The voice we woke up to': Bob Edwards, longtime 'Morning Edition' host, dies at 76
- Senate begins final push to expand Social Security benefits for millions of people
- Super Bowl security uses smart Taylor Swift strategy to get giddy pop star from suite to field
Ranking
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Super Bowl 58 bets gone wrong: From scoreless Travis Kelce to mistake-free Brock Purdy
- Longtime NPR ‘Morning Edition’ host Bob Edwards dies at age 76
- If a Sports Bra and a Tank Top Had a Baby It Would Be This Ultra-Stretchy Cami- Get 3 for $29
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Senate clears another procedural hurdle on foreign aid package in rare Sunday vote
- Watch Taylor Swift 'seemingly' chug her beer as 2024 Super Bowl crowd cheers
- Taylor Swift and Travis Kelce’s Exchange After 2024 Super Bowl Win Proves Their Romance Is a Fairytale
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Suspect captured in Memphis crime rampage that left at least 1 dead, several wounded
Taylor Swift and Travis Kelce Bask in Afterglow of Chiefs' Super Bowl Win With On-Field Kiss
Retired AP photographer Lou Krasky, who captured hurricanes, golf stars and presidents, has died
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Kansas City Chiefs Coach Andy Reid Reacts to Travis Kelce’s Heated Sideline Moment at Super Bowl 2024
UCLA promotes longtime assistant DeShaun Foster to replace Chip Kelly as football coach
Spring training preview: The Dodgers won the offseason. Will it buy them a championship?