Guyana Plans ‘Norway on Steroids’ to Avoid Oil’s Resource Curse

Oil-rich Guyana is spending so heavily and quickly on diversifying its economy that it’s on the cusp of becoming a “Norway on steroids,” according to President Irfaan Ali.

By Kevin Crowley · Bloomberg Markets

Oil-rich Guyana is spending so heavily and quickly on diversifying its economy that it’s on the cusp of becoming a “Norway on steroids,” according to President Irfaan Ali.