Why Can’t Dili Spend Its Riches Wisely?

East Timor is one of the newest sovereign nations in the world, having officially become independent in 2002. The nation must find ways to spend its oil revenues that will improve the lives of the Timorese people. It has a population of about a million people, but has official reserves of about $5.3 billion, making it one of largest holders of foreign reserves on a per capita basis.

Most of the reserves are from offshore oil production carried out jointly with Australian companies. The country’s gross domestic product, about $700 million last year, is growing smartly at 7.2 percent, aided by oil and to a much lesser extent by the export of coffee. But as proof, if any were needed, that the presence of oil and independence alone cannot solve all problems, East Timor also has an unemployment rate of about 20 percent and a literacy rate of about 40 percent.

The United Nations places it at 162 on its Human Development Index, the second-worst in all of Asia. East Timor’s history accounts ... more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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