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This book explores the institutional choices§available to Timor-Leste to manage their natural§resource wealth wisely and avoid the resource curse.§Timor-Leste is a poor country and its challenge is to§use its large per capita resource wealth to alleviate§poverty and enable sustainable development.§Timor-Leste s Petroleum Fund Law and other mechanisms§to manage petroleum revenue are examined. These§mechanisms appear to be resilient, but remain§untested. Based on field interviews in Timor-Leste,§the study offers insights into the opinions of East§Timorese and foreign advisers about how Timor-Leste s§petroleum revenue should be managed, and how a poor§country can raise the living standards of its people.
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