Is Guyana’s Oil a Blessing or a Curse?

The timing of the closures, a year after the oil discovery, raised hopes that the petroleum industry might somehow fill the void. Seven years after the closures, however, most sugar workers haven’t found new jobs. Certainly, very few are employed by the petroleum industry.Their struggle raises a crucial question for Guyana as it wrestles with the transition from the old economy to the new: How can Guyanese…