by KingM » Sun 16 Oct 2005, 14:27:23
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Fair enough, but perhaps corruption will be exacerbated by Peak Oil. It may, in fact, be a fundamental feature.
There is little doubt in my mind that oil of any kind fosters corruption. It's like a printing press for money. Oil has been a curse on most of the oil exporting nations, not a blessing.
As for Zimbabwe, I think the high price of oil is just exposing a system that has been in decline for many years. A shame, too, as it had formerly been one of the success stories of sub-Saharan Africa.