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Journal Article
The Devil’s Money
2017
Overview
This article analyzes the effects of a World Bank–promoted oil revenue distribution model in Chad. The authors engage the classic anthropological concerns of kinship and land tenure to examine how oil money has affected the southern Chadian oil zone. In determining whether oil money differs from money originating in other industries, two examples are used: the effects of salaries from pipeline construction on marriage payments and the effects of compensation payments on land ownership and kinship. With regard to these effects, the authors argue that oil generates a uniquely disruptive form of local inflation. They conclude that despite the World Bank’s measures to ensure that its oil model is transparent and socially just, these disruptions inhere in the model itself.
