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Line 1: {{about\|[[Boom and bust\|economic booms]] in the oil sector\|the oil spill management device\|Boom (containment)}} An '''oil boom''' is a [[Boom and bust\|boom]] in the [[Petroleum industry\|oil producing]] sector of an economy. Generally, this short period initially brings economic benefits, in ~~term~~terms of increased [[Economic growth\|GDP growth]], but might later lead to a [[resource curse]]. ==Consequences==

Oil boom: Difference between revisions