World Bank hit by resources curse, gives up on Chad revenue scheme
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Issue 146
- 20 Sep 2008
| 4 minute read
Less than five years after the first oil flowed into the Chad-Cameroon pipeline, the World Bank Group’s much vaunted revenue management project has collapsed (AE 119/4). Chad has taken advantage of the high world oil price to pay back its loan, and is now free to
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