Guyana’s Sudden Riches [Episode 56]


Manage episode 246713192 series 1522808
By Altamar, Peter Schechter, and Muni Jensen. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In 2015, Exxon Mobil discovered in Guyana one of the largest oil and gas reserves in decades. It is slated to begin production in early 2020. While this bonanza promises countless opportunities for the tiny South American country, it remains to be seen whether Guyana has the infrastructure in place to manage the massive influx of new petroleum revenue. Will it follow the successful examples of Norway or Botswana and avoid the so-called “Resource Curse” – or fall victim to its own good fortune? David Goldwyn, world-renowned energy guru and Chairman of the Atlantic Council’s Global Energy Center’s Energy Advisory Board, explains how Guyana can establish guardrails to combat corruption and transform revenue streams into newfound prosperity for its citizens.

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Produced by Simpler Media

61 episodes