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This book explores the institutional choices
available to Timor-Leste to manage their natural
resource wealth wisely and avoid the resource curse.
Timor-Leste is a poor country and its challenge is to
use its large per capita resource wealth to alleviate
poverty and enable sustainable development.
Timor-Leste s Petroleum Fund Law and other mechanisms
to manage petroleum revenue are examined. These
mechanisms appear to be resilient, but remain
untested. Based on field interviews in Timor-Leste,
the study offers insights into the opinions of East
Timorese and foreign advisers about how Timor-Leste s
petroleum revenue should be managed, and how a poor
country can raise the living standards of its people.
available to Timor-Leste to manage their natural
resource wealth wisely and avoid the resource curse.
Timor-Leste is a poor country and its challenge is to
use its large per capita resource wealth to alleviate
poverty and enable sustainable development.
Timor-Leste s Petroleum Fund Law and other mechanisms
to manage petroleum revenue are examined. These
mechanisms appear to be resilient, but remain
untested. Based on field interviews in Timor-Leste,
the study offers insights into the opinions of East
Timorese and foreign advisers about how Timor-Leste s
petroleum revenue should be managed, and how a poor
country can raise the living standards of its people.