By: Ivelaw Lloyd Griffith – October 8, 2020
Dr. Eric Williams, the late Prime Minister of oil-rich Trinidad and Tobago, once famously declared: “oil don’t spoil.” That statement is, undoubtedly, true. However, for new kid on the oil block Guyana, there is copious evidence, from neighboring Venezuela and far away Nigeria, that although oil doesn’t spoil, it can spoil lives and livelihoods of individuals and entire societies. A key question, then, is how might the political and corporate leaders in Guyana avoid trailing the path of societies where oil did spoil things?
The success stories of countries as different as Norway and Kuwait, where oil hasn’t spoiled things (much), suggest that success revolves around several interconnected variables, which can be placed in several baskets—or, perhaps, barrels, given the product we’re dealing with. The Technical Skills and Competencies Barrel is one such. There are three others, some of which often get short shrift when new kids on the block rush to reap the rewards of their black gold. Continue reading
GUYANA: Changes from COVID – By: Dave Martins + Shell Beach video
By Dave Martins–
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