Might find its cure in Malaysia, so says OILPRICE. COM.
The oil market is currently valued at US$1.7 TRILLION and as such, has the unique power to build or break nations.
Often referred to as the oil curse, many countries, such as Venezuela, Algeria and others, depend almost entirely on oil and gas income to sustain their economies, have seen their economies in DIRE STRAITS.
As such OILPRICE.COM suggest that African & South American oil rich nations can learn a thing or two from MALAYSIA by adopting a DUAL-track development strategy that pursues a strong manufacturing sector alongside natural resource exports.
