Guyana's Oil Discovery - Pros & Pitfalls
The Vision of a Guyanese American
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
Celebrated lawyer and businessman Moses V. Rambarran, Esq. shares an elucidating discourse about the oil industry in Guyana - focusing on how the profits haven't translated to the improvement of the population's quality of life.
Moses V. Rambarran earned a Master of Laws specializing in Oil and Gas - he's also committedly close to his family and roots in Guyana. His debut nonfiction hinges on his education and passion to make a contribution to improve the lives of people, especially in his home country Guyana by creating and documenting commentaries, insights, guidance which can fuel discussion around the corruption and examine the reasons for failure surrounding the oil industry in Guyana by providing comparisons with other oil producing countries.
Despite Guyana rapidly developing as a rich-oil producing country, the citizens remain impoverished, according to Rambarran's research. Unfortunately, the standard of living of the Guyanese is not improving as expected or anticipated with the increase of oil production. Rambarran's research and experience has found that corruption is a major obstacle and the redistribution of wealth has become both unfair and unacceptable.
Says Rambarran of the situation, "Change is necessary. I advocate for sensible, internationally-acceptable standards, governance methods, and a governance legislative framework to be established, enacted into law, and enforced."
In Guyana's Oil Discovery - Pros & Pitfalls, Rambarran exposes the Guyanese government's weaknesses surrounding oil exploration and production, the discrimination against the poor and impoverished citizens, and the corruption that rewards family, friends, and favorites of the highest political leaders in the country.
The significantly meaningful message in Guyana's Oil Discovery - Pros & Pitfalls is for all age groups. It especially will motivate and inspire political, civil society and business professionals and enthusiasts. This informative analysis of current Guyanese and Global petroleum, transparency, accountability, and corruption issues is also presented as an easily accessible source of inspiration for students and youths to read and draw their own conclusions.
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Information
Table of contents
- Cover
- Title
- Copyright
- Table of Contents
- About the Author
- 1. Life in Guyana and Migration to the USA
- 2. Education in America
- 3. Guyana’s Oil History in Brief
- 4. Standard of Excellence: A Look at Norway and Tanzania
- 5. What NOT to Do: A Look at Nigeria
- 6. How the Citizens of Guyana can Benefit from Oil and Gas
- 7. The Resource Curse
- 8. Border Dispute with Venezuela
- 9. Challenges in Existing Regulatory and Institutional Framework
- 10. Corruption—A Formidable Challenge
- 11. A Brief Look at Guyana’s Existing Fiscal Regime
- 12. Summary of Recommendations
- References