Guyana - bracing for the oil boom
South America’s second poorest nation is about to get very rich - but will the prosperity be shared?
South America’s second poorest nation is about to get very rich - but will the prosperity be shared? A series of oil discoveries in Guyanese waters has revealed almost unimaginable riches beneath the seabed; enough oil to catapult Guyana to the top of the continent’s rich list. Next year, the oil - and cash - is due to start flowing. The major new industry could help solve two of Guyana’s big problems: high youth unemployment and the emigration of most of its graduates. But as young Guyanese prepare for a future in oil and dream of lives transformed, some fear the so-called oil curse will see a corrupt elite squander and steal the country’s newfound wealth. Presenter/producer: Simon Maybin (Photo: Kiwana Baker, right, hopes that a career in oil will give her opportunities that her mother, Marslyn Pollard, left, never had. Credit: BBC)