Reinvesting resource rents

The Financial Times had a recent blog post comparing Venezuela and Bolivia’s use of fossil fuel rents. Venezuela is suffering today as a result of an earlier decision to use resource rents from oil to borrow heavily and increase the country’s national debt. By comparison, Bolivia used the resource rents from natural gas to increase spending on infrastructure, health care and education.

This entry was posted in non-renewable: energy. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *