Practicing Success
How have some other countries benefited from the oil pipelines that cross their territories? |
By exporting natural resources By becoming manufacturing hubs By receiving rent for the pipelines By developing strong democratic institutions |
By receiving rent for the pipelines |
Some other countries have benefited from the oil pipelines that cross their territories by receiving rent for allowing the passage of these pipelines. Most of these economies, especially Russia, started reviving in 2000, ten years after their independence. The reason for the revival of most of their economies was the export of natural resources like oil, natural gas and minerals. Azerbaijan, Kazakhstan, Russia, Turkmenistan and Uzbekistan are major oil and gas producers. Other countries have gained because of the oil pipelines that cross their territories for which they get rent. Some amount of manufacturing has restarted. |