In this chapter, Anthony Paul talks about the case of oil, gas, and minerals in Trinidad and Tobago and looks at how countries and citizens can get more value from the resources under their soil. These policies are means to an end for greater national community development and economic diversification and robustness, and countries have managed to succeed in using natural resources for development by using five factors outlined here. Professor Paul considers the source of value in local content and how the value can be captured in local content by strengthening the linkages between local companies. He also discusses three building blocks of capacity to include locals in the first place.
Unless otherwise noted, content on this site is licensed under the Creative Commons Attribution-NonCommercial 4.0 International license.