4 ms·
An interesting NPR article /podcast episode on how Norway handled this . "How To Avoid The Oil Curse : Planet Money : NPR" https://www.npr.org/sections/money/20
by tsjq 5y ago
An interesting NPR article /podcast episode on how Norway handled this . "How To Avoid The Oil Curse : Planet Money : NPR" https://www.npr.org/sections/money/2011/09/06/140110346/how-to-avoid-the-oil-curse https://www.npr.org/sections/money/2011/09/06/140110346/how-...
- jeffreyrogers 5y agoI think it boils down to: be Norwegian, i.e. have an already well functioning government and relatively egalitarian society.
- austincheney 5y agoBotswana figured it out too.
- jeffreyrogers 5y agoI don't know much about Botswana (I've been to other nearby countries in Africa, but not there), but just from looking at things like it's Gini index I'm skeptical. It definitely appears much better off than its neighbors though and seems to be on a good trajectory.
- jcranmer 5y agoBotswana is generally considered one of the best-run countries in Africa, along with the island nations (Cape Verde, Seychelles, and Mauritius) and the countries in North Africa (Morocco to Egypt). For example, it's 5th in Africa the Human Development Index (behind Mauritius, Seychelles, Algeria, and Tunisia--and ahead of South Africa). In GDP (PPP) per capita, it's 4th, behind Seychelles, Mauritius, and Equatorial Guinea.
- jeffreyrogers 5y agoI know that, but being one of the best run countries in Africa is very far from being Norway, as I was getting at with the Gini index.