November 10, 2010
An intriguing new paper from Paul Segal at the University of Sussex kicks off with a great quote from Mr Getty “The meek shall inherit the Earth, but not its mineral rights”. Segal wonders what might happen if governments defied that prediction, and just handed over the income from oil, mining etc directly to poor people as unconditional cash transfers
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Lifting the Resource Curse (or how to make finding oil a blessing)
February 25, 2010
‘Lifting the Resource Curse’, a new Oxfam paper, revisits the difficult question of how to ensure natural resources are a blessing, and not a curse, for poor countries. Countries like Angola, where oil revenues (which represent 80 per cent of national income) are estimated at $10bn per year, yet 70 per cent of the population live on less than $2
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