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The 'Resource Curse' in Timor-Leste

Scheiner, Charles

Description

Timor-Leste is one of the world’s most petroleumexport- dependent countries. Although petroleum revenues and savings benefit many citizens, they also distort economics, public finances, politics and personal behaviour. The phrase ‘resource curse’ is often used to describe how people in nearly every nation which depends on exporting non-renewable resources become worse off than people not ‘blessed’ with mineral and oil wealth. This In Brief describes how the ‘resource curse’ will lead to...[Show more]

CollectionsANU Dept. of Pacific Affairs (DPA) formerly State, Society and Governance in Melanesia (SSGM) Program
Date published: 2014
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/143303
Access Rights: Open Access

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