Eight years ago, a consortium led by ExxonMobil discovered offshore oil in Guyana now believed to total at least 11 billion barrels. As a result, Guyana now has more oil reserves per capita than any other country in the world — almost three times as much as Saudi Arabia. This colossal find has led to difficult questions about whether the country can avoid the so-called resource curse – and the effects on climate change. On today’s podcast, an overview of Guyana’s economy and how it is handling the challenges of abundance. Our guest is Jay Mandle, professor emeritus of economics at Colgate University and a member of the University of Guyana Green Institute Advisory Board.
On this episode:
Jay R. Mandle is professor emeritus of economics at Colgate University and a member of the University of Guyana Green Institute Advisory Board.
Brian Winter is the editor-in-chief of Americas Quarterly.
If you’d like to know more:
Can Guyana Beat the Resource Curse? by José Enrique Arrioja
The Real Impact of Maduro’s Guyana Referendum by Oliver Stuenkel
Tags: AQ Podcast, Climate change, climate change efforts in Latin America, Economy, Guyana, oil