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Can Latin America Capitalize on Oil Wealth in the Long Term?

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/13206

Can Latin America Capitalize on Oil Wealth in the Long Term?

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Title: Can Latin America Capitalize on Oil Wealth in the Long Term?
Author: Inter-American Dialogue's Latin American Energy Advisor
Subject(s): Latin America
Caribbean
Venezuela
Brazil
Colombia
Ecuador
Perú
Bolivia
Chile
Middle East
Mexico
OPEC
oil
resources
shale gas
copper
energy
Argentina
China
hydrocarbons
Dutch disease
industry
Atlantic basin
policy
investment
Codelco
subsalt
natural gas
Nelson Altamirano
Roger Tissot
Gustavo Roosen
Latin American Energy Organization
OLADE
Hugo Chávez
GTL
gas to liquid
Paul Isbell
Abstract: Venezuela holds some 85 percent of Latin America's crude oil reserves, and the region overall has the world's second-largest oil reserves after the Middle East, according to figures presented by the Latin American Energy Organization (OLADE) at a two-day seminar earlier this month in Quito. Looking ahead 20 years, what are the geopolitical implications of Latin America's vast hydrocarbon resources? What energy trends will shape the economies of Latin America and the Caribbean in the long term, and how can the countries of Latin America best capitalize on energy wealth in the global environment moving ahead? Can Latin America avoid the political turmoil and other "oil curse" hazards that have long plagued nations of the Middle East? How?
Date: 2011-07-25
Publisher: Inter-American Dialogue's Latin American Energy Advisor
Citation: Inter-American Dialogue’s Latin American Energy Advisor July 25-29, 2011; pp. 1, 3, 6. Also online at www.thedialogue.org.
URI: http://hdl.handle.net/1928/13206
Available at: http://www.thedialogue.org/uploads/LAA/Energy/2011/LEA110729.pdf

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