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Will Guyana's game-changing oil wealth be used wisely?
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On The LatinNews Podcast this week, we look at what could go wrong with the administration of Guyana's oil wealth and whether such a tremendous windfall will be used to transform the economic and political landscape in the country.
Incredibly, Guyana is set to quadruple its GDP by 2025, the same year as the next elections, so will the estimated 40 per cent of the population that lives in poverty see anything of this income?
Anand Persaud, the Editor in Chief of the Starbroek News in Georgetown, Guyana discusses the possibilities, from a concentration of political power, corruption, the Dutch disease and ethnic polarization and how all of these issues come into play.
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