Implementing Oil-to-Cash – Todd Moss
2/6/12
When a poor country finds oil, bad things often get worse. Countries rich in extractable natural resources, especially oil, frequently suffer from crummy governance, high poverty, endemic corruption and conflict. Is it possible to beat this oil curse? My guest on the Wonkcast this week, Todd Moss, CGD vice president for programs and senior fellow, says yes. He argues that a government that transfers some or all of its oil revenue to citizens in a universal, transparent, and regular taxable payment, could strengthen the social contract, fight corruption, and lay the foundation for future prosperity.
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After the ouster of President Hosni Mubarak last Friday, I invited 
Oil and Africa. Boon or bust? In CGD’s first Global Prosperity Wonkcast I interview senior fellow Todd Moss on his innovative proposal for managing Ghana’s anticipated $1 billion per year oil windfall: money to the people.