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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Briefing: chronicle of a death foretold: the collapse of the Chad-Cameroon pipeline project
Author:Pegg, ScottISNI
Periodical:African Affairs: The Journal of the Royal African Society
Geographic term:Chad
Subjects:petroleum extraction
World Bank
External link:https://www.jstor.org/stable/27667124
Abstract:The largest single private sector investment in sub-Saharan Africa, the Chad-Cameroon Petroleum Development and Pipeline Project, attracted worldwide attention for the elaborate World-Bank sponsored capacity-building initiatives designed to ameliorate the seemingly damaging 'resource curse' effects that oil production has had in other sub-Saharan African countries. The project ran into trouble long before the oil started flowing in 2003 as construction activities rapidly outpaced the institutional capacity-building inititiatives. Throughout 2005 and 2006, the government of Chad engaged in a series of disputes with the World Bank and members of the oil consortium that culminated in the formal ending of the World Bank's role in the project in September 2008. This briefing focuses on the events leading to the collapse of the project and identifies lessons that can be learned from the failure of the international community's most significant attempt yet to confront the resource curse. It argues that the World Bank grossly overestimated its ability to alter existing institutional patterns and failed to appreciate the extent to which oil wealth would amplify many of Chad's pre-existing problems. Notes, ref. [ASC Leiden abstract]