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View Full Version : East Timor Ends First Decade Fighting Oil Curse - Bloomberg



NewsWhore
05-17-2012, 09:00 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEj85qS1PUB6TTPAKRV4dNOlMjLGg&url=http://www.bloomberg.com/news/2012-05-17/east-timor-ends-first-decade-fighting-oil-curse.html)


East Timor Ends First Decade Fighting Oil Curse (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEj85qS1PUB6TTPAKRV4dNOlMjLGg&url=http://www.bloomberg.com/news/2012-05-17/east-timor-ends-first-decade-fighting-oil-curse.html)
Bloomberg
East Timor is trying to beat an economic trap called the resource curse where dependence on mineral exports hurts other industries by boosting the currency, and workers are drawn from agriculture and business, making the country reliant on imports of ...

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