Can oil dependent countries adjust as the world shifts from fossil fuels?
FT News Briefing
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The Economic Dilemma of Oil-Dependent Nations
This chapter explores the difficulties faced by nations dependent on fossil fuel exports amidst the global push for carbon reduction. It emphasizes Iraq's finance minister's call for urgent economic reforms to avoid catastrophic consequences and examines the implications of resource mismanagement in conflict-ridden countries.
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Transcript
