Fuelling Poverty: Oil, War, and Corruption
Jul 19, 2011
This report begins by reviewing existing studies on the paradox of extreme poverty in oil- and mineral-rich countries. Rather than being inevitable, the extent to which this paradox occurs, the report finds, is largely the result of decisionmaking in the public realm. The misuse of oil revenue in Angola, Kazakhstan, and Sudan, are specifically analyzed. Several recommendations are made on how to prevent the misuse of oil revenue.