Tag
Timor-Leste oil dependency
![How Timor-Leste Escaped the Political ‘Resource Curse’ How Timor-Leste Escaped the Political ‘Resource Curse’](https://thediplomat.com/wp-content/uploads/2023/10/sizes/thumbnail/thediplomat_2023-10-20-003837.jpg)
How Timor-Leste Escaped the Political ‘Resource Curse’
By Moritz Schmoll and Geoffrey Swenson
Asia's youngest nation has shown that resource wealth does not necessarily impede the development of a stable democracy.
![Timor-Leste Is Facing a Make-or-Break Moment Timor-Leste Is Facing a Make-or-Break Moment](https://thediplomat.com/wp-content/uploads/2020/04/sizes/thumbnail/thediplomat-2020-04-27-1.jpg)
Timor-Leste Is Facing a Make-or-Break Moment
By Avelino Dos Santos Da Costa
Diversifying the economy, which is massively dependent on oil and gas, is the biggest task facing Timor-Leste. The time is now, and every second counts.
![Why is Timor-Leste Still Unable to Diversify its Economy? Why is Timor-Leste Still Unable to Diversify its Economy?](https://thediplomat.com/wp-content/uploads/2021/03/sizes/thumbnail/thediplomat-2021-03-01-1.jpg)
Why is Timor-Leste Still Unable to Diversify its Economy?
By Joao da Cruz Cardoso
Many changes are necessary if the country is to break the shackles of oil dependency and build a more diverse and sustainable economy.
![Rethinking Timor-Leste’s COVID-19 State of Emergency Rethinking Timor-Leste’s COVID-19 State of Emergency](https://thediplomat.com/wp-content/uploads/2020/04/sizes/thumbnail/thediplomat-2020-04-27-1.jpg)
Rethinking Timor-Leste’s COVID-19 State of Emergency
By Li-Li Chen
Is the country’s coronavirus policy protecting the vulnerable or leaving them behind?
![Can Timor-Leste Achieve a Balanced Development? Can Timor-Leste Achieve a Balanced Development?](https://thediplomat.com/wp-content/uploads/2016/10/sizes/thumbnail/thediplomat_2016-09-30_16-51-13.jpg)
Can Timor-Leste Achieve a Balanced Development?
By Joao da Cruz Cardoso
The principal idea of development for Timor-Leste should be the wellbeing of the people rather than economic numerical indicators.
![The Looting of Timor-Leste’s Oil Wealth The Looting of Timor-Leste’s Oil Wealth](https://thediplomat.com/wp-content/uploads/2019/05/sizes/thumbnail/thediplomat-lds-2-image-1.jpg)
The Looting of Timor-Leste’s Oil Wealth
By Bardia Rahmani
Timor-Leste may have fought off two foreign invaders only to have its independence sold off by its own leaders.
![Can Timor-Leste Move Away From an Oil-Based Economy? Can Timor-Leste Move Away From an Oil-Based Economy?](https://thediplomat.com/wp-content/uploads/2019/03/sizes/thumbnail/thediplomat-bayu_undan_2019-02-06-oil-timor.jpg)
Can Timor-Leste Move Away From an Oil-Based Economy?
By Joao da Cruz Cardoso
The government knows that it can't rely on oil revenue forever, but making the shift is easier said than done.
![Timor-Leste's Corruption Challenge Timor-Leste's Corruption Challenge](https://thediplomat.com/wp-content/uploads/2017/06/sizes/thumbnail/thediplomat.com-6805629134_7c2288a47c_b.jpg)
Timor-Leste's Corruption Challenge
By Jonas Guterres
Addressing corruption will be the key to achieving economic development and cementing democratic principles.
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