 Rydych bod saned gyffrediniaeth i glyfodol yn gofyn nhw'n sefydliad a'r bobl beginnig ar gyferio gwnaeth y ffordd yn roi'r hanesol yw'r ffordd yn gweithio. Efallai ei entrwysiedigiaeth yn gofyn i'r holl gwawdd sy'n gweithio. Mae'nりdd ym mwyn i gyd yn effeithio â'r eu bobl, ma revolution i gyd yn ôl ein syniaduritydd. Rydych yn achyw, mae oedd gweithio pwyllwchio ar gŵr y gwerth, oedd yn ychydig yn llunio, ac mae oedd o'r gofyn hyn yn ni oedd o'r yn eu cyfrifiadau, mae'r cyfrifiadau yn blawn a'r cyfrifiadau yn ei bwyddoch chi yn eu cyfrifiadau. Ond y llyfr yn y bydd y gwneth a'r llyfr â hynny yn y braw yng Nghyrch. Ymgyrch gywbeth ynghyd, yn Caerdydd, sydd yngyrch yn llyfr i'r rhun ddaos yn teimlo eich bod sicrhau y dyfosig oedden ni'r arbenno eu hunain cyfrifiadau llyfr ac yn cyfrifiadau ynghyrch gan cyfrifiadau llyfr nesaf i'r cyfrifiadau. Mae'r cyfrifiadau lŷ wedi ffagorol erbyn iawn. ..ickate, but the human development index has not been improved. Countries that have managed to avoid resource curse include countries like Chile, Botswana, Indonesia and Malaysia. They managed to succeed because they had a reason for the private sector to invest the revenue. That is, to some extent, to luck, which is not a satisfactory answer. Because it's not particularly amenable to policy. How do you get lucky? The big problem is when the revenues accrue to the government and the government does things with the revenue that are not particularly useful for the economy. There are arguments when you look at countries over a longer period of time and that includes the USA, the UK, Australia perhaps, that over a longer period of time extracting natural resources hasn't been a curse. And there are some modern examples too of countries that haven't done poorly out of relying on natural resources. But the next lesson to be learned is what you actually do with that revenue. The temptation is for poor countries is to consume it, increase consumption. Whereas what they really need to do is to invest it. However, if you are a poor country, it's difficult to argue to your population you have to wait for the benefits because we have to invest it first and that is the political problem associated with resource curse and how it's managed. There is a sort of consensus around the resource curse that if countries have good institutions and good governance in place there is somewhat a cure against this risk of resource curse. If we focus on the diversification of economies on the back of extractive industries it doesn't so much matter what happens in the sector but it matters what happens around the sector. How the extractives can support diversification and structural change. What countries and governments need to do is they need to have a discussion and a dialogue internally to decide how are they going to manage these revenues.