Information Center: Oil, corruption, 2007

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Ricardo Soares de Oliveira
June 2, 2007

The author attempts to answer the following question: ʺWhy are American, European, and Asian oil companies enthusiastically committing tens of billions of dollars of long-term investment to the Gulf of Guinea's failing states, which are characterized by ruthless elites, recurrent warfare, and some of the world's most detrimental development practices?ʺ In attempting to answer this question, the author analyzes the relationship that world powers have with countries such as Angola, Equatorial Guinea, and Nigera and what such partnerships look like.

John Ghazvinian
April 9, 2007

With the advent of oil-rich African countries, this book examines the consequences that such a discovery has on the countries, while similarly detailing the extent to which kleptocracy and corruption has gripped some states. The author takes a trip into various countries, such as Equatorial Guinea, and details it within his book.

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