FIVE YEARS AGO, the World Bank lent money and credibility to a risky experiment. Despite the depressing record of oil projects in poor countries -- they tend to fuel corruption rather than boost development -- the bank provided $190 million to kick-start the oil industry in one of the world's most...
Oil and Development
FIVE YEARS AGO, the World Bank lent money and credibility to a risky experiment. Despite the depressing record of oil projects in poor countries -- they tend to fuel corruption rather than boost development -- the bank provided $190 million to kick-start the oil industry in one of the world's most...