Oil to Cash: Fighting the Resource Curse through Cash Transfers

by Todd Moss, Caroline Lambert, and Stephanie Majerowicz
Center for Global Development (CGD) Brief, May 2015

4 pp. 260 kB
http://www.cgdev.org/sites/default/files/21771_CGD_cx_Proof.pdf510606_10

Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.

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