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Of course industry would welcome profits and investment and exploitation of resource curses, but at what cost? Inviting any one of BRICS or any country right no
by 1letterunixname 3y ago
Of course industry would welcome profits and investment and exploitation of resource curses, but at what cost? Inviting any one of BRICS or any country right now would be inviting more neocolonialism that these particular countries are trying to get away from. Nationalism is also on the rise. It will take forming a legitimate, functional government before foreign economic policy conversations and negotiations will able to be addressed seriously.
Government leaders have an implied social contract to maintain an ethical tact on putting the needs of the people above what is best for themselves, their rich friends, or remain beholden to any other nation. Gabonese president Bongo found this out the hard way: you can't cheat your people, sell-out to French interests, and keep your family in power with impunity, forever.