Tuesday, April 13, 2010

Potential Solutions

Oliveira's outlook expects the "de-structuring" of the state to continue in the Gulf of Guinea, giving way to a "hyper-privitised state-like entity" that relies on despotic power to achieve, "the narrow scope of its goals".(Oliveira 122)

In theory, the concept of a National Oil Company is the most viable solution to resource management in developing countries, only if the true goal of the NOC is to serve the general population and develop a self sustaining oil sector . Local agriculture and industries must be protected through tariffs, anti-conglomerate regulations, and genuine environmental policies. By subjecting oil companies in the Gulf Region to a more competitive, realistic home grown economy, the objectives and nature of the oil company could become more in line with the needs of the general population

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