Poisoned Wells: The Dirty Politics of African Oil

by Nicholas Shaxson

Description

Each week the oil and gas fields of sub-Saharan Africa produce well over a billion dollars' worth of oil, an amount that far exceeds development aid to the entire African continent. Yet the rising tide of oil money is not promoting stability and development, but is instead causing violence, poverty, and stagnation. It is also generating vast corruption that reaches deep into American and European economies. In Poisoned Wells, Nicholas Shaxson exposes the root causes of this paradox of show more poverty from plenty, and explores the mechanisms by which oil causes grave instabilities and corruption around the globe. Shaxson is the only journalist who has had access to the key players in African oil, and is willing to make the connections between the problems of the developing world and the involvement of leading global corporations and governments.-- From publisher description. show less

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jcvogan1 226 reviews

Country by country portrait of African petro-states. Ends by recommending a clamp-down on offshore tax havens and the direct to individual citizens distribution of oil revenues in African countries.

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AfricaCari 685 reviews

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Nicholas Shaxson

4 Works 517 Members

Nicholas Shaxson is a journalist who has written for the Financial Times, The Economist, African Energy, and the insider newsletter Africa Confidential. He is the author of the highly acclaimed Poisoned Wells: The Dirty Politics of African Oil and an associate fellow with the Royal Institute of International Affairs in London.

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Poisoned Wells: The Dirty Politics of African Oil

by Nicholas Shaxson

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