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East Timor a “Failed State-in-Waiting”?

The La'o Hamutuk NGO links to an editorial of the influential Petroleum Economist which discusses the problems faced by East Timor's economy:

Timor-Leste was once seen as the poster child for developing nations. It had natural resources, a comprehensive legal framework covering their extraction and an oil fund. Now, almost 11 years after attaining independence, the country better resembles a problem child.

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