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Extractives@Clark presents a talk by Dr. Lomarsh Roopnarine, who is Professor of Latin American and Caribbean History at Jackson State University (Mississippi).
Dr. Roopnarine, who is Guyanese, has been researching the contentious development of one of the most important new oil fields in the Western Hemisphere in recent years. In 2015, ExxonMobil announced a series of significant offshore oil discoveries turning the tiny Caribbean nation of less than one million inhabitants into the next petro state.
With no previous experience in the oil sector, the Guyanese government must keep up with the country’s booming oil production. Can Guyana find a way adequately manage the financial windfall and beat the Resource Curse?