Natural Resources (Oil and Gas) Leading Sector Timor-Leste: Until When?
Journal Title: International Journal of Social Science And Human Research - Year 2025, Vol 8, Issue 01
Abstract
After independence, the economic recovery of Timor Leste depended on the oil and gas extractive industry sector. While it is true that oil and gas revenues are essential to achieving the goals set out in Timor-Leste's national development program, it is also true that oil revenues pose challenges to governance capacity, with international experience showing that countries rich in natural resources often experience more waste and corruption than others. The negative effects of abundance on natural resources have been known as the curse of natural resources. And on the other side of Timor Leste facing major social challenges and remaining one of the countries less developed in East Asia. Non-renewable mining wealth, of course, in the long term becomes a problem. Tell me when the dependence on oil and gas can be fulfilled? What leading sectors are possible that can be a reserve for the depletion of "oil and gas natural resources"? Based on the results of the investigation, the possible sectors that will drive the depletion of oil and gas natural resources are the agriculture and fisheries sectors, tourism, processing and manufacturing industries, and renewable energy.
Authors and Affiliations
Manuel Coutinho Carmo Bucar Corte Rea
Keywords
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- EP ID EP756481
- DOI 10.47191/ijsshr/v8-i1-82
- Views 39
- Downloads 0
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