Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth PDF Download
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Author: Charlotte J. Lundgren
Publisher: International Monetary Fund
ISBN: 1484369327
Category : Nature
Languages : en
Pages : 85
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Book Description
Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.
Author: Charlotte J. Lundgren
Publisher: International Monetary Fund
ISBN: 1484369327
Category : Nature
Languages : en
Pages : 85
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Book Description
Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.
Author: Wilson Akpan
Publisher: Cambridge Scholars Publishing
ISBN: 1443878618
Category : Political Science
Languages : en
Pages : 230
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Book Description
Based on case studies in Southern Africa, West Africa and East Africa, this book revisits some of the dilemmas and paradoxes associated with the development, management and utilisation of environmental resources, as well as lacklustre official handling of climate change-related challenges, in Sub-Saharan Africa. On the subject of natural resource exploitation, in particular, the book revisits scholarly debates and specific practices around compensation, benefit- and burden-sharing, local participation and space-place dynamics. It highlights fundamental ambiguities in the ways the dominant discourses and policy responses have been framed and mobilised, and examines epistemic and ideational incongruences that have hobbled and sometimes negated the effectiveness of otherwise well-intentioned interventions. On climate change, the book revisits debates around the vulnerability-assets nexus with regard to mitigation and adaptation, as well as the intersection of climate information and livelihoods in agro-based settings. The contradictions, gaps and limitations of climate change policies and strategies in different regions are re-examined based on new data. In the last few years, the Environment and Natural Resources Working Group of the South African Sociological Association (SASA) has intensified efforts to go beyond the annual SASA Congresses and the production of journal articles, in making the research agendas of its members more visible to the global scholarly and policy community. This book is one result of such efforts. It calls for a constant questioning of orthodoxies and the promotion of ethnographically sensitive and epistemologically nuanced scholarly and policy approaches to developmental challenges in Africa, especially in relation to environmental resources and environmental change.
Author: Matthias Basedau
Publisher: GIGA-Hamburg
ISBN: 9783928049917
Category : Africa, Sub-Saharan
Languages : en
Pages : 364
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Book Description
Author: Jörgen Runge
Publisher: CRC Press
ISBN: 0203093291
Category : Science
Languages : en
Pages : 292
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Book Description
This book looks at the distribution, occurrences, potential and prospects for good governance, transparency and sustainable development of geological resources in Sub-Saharan Africa. By bringing together numerous different point of views, it is carried out in a holistic, interdisciplinary and scientific way.The states of Sub-Saharan Africa are amon
Author: Johan Holmberg
Publisher: Nordic Africa Institute
ISBN: 9789171066244
Category : Africa, Sub-Saharan
Languages : en
Pages : 0
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Book Description
Africa is rich in oil and mineral resources, but has severe shortages of water and suffers from an accelerating pressure on its arable land and forests. Climate change is expected to cause major problems for African populations with increase of water stress and severely compromised agricultural production. Local food supplies will be negatively affected and, towards the end of the 21st century, sea-level rise will affect low-lying coastal areas. The report argues that the poorest countries are most vulnerable to climate change and that Africa is particularly exposed. Sweden should consider full integration of climate change adaptation strategies in its development cooperation with African partners. This will likely mean that some existing priorities will be further accentuated, such as needs to provide water and sanitation services to the poor, raising agricultural productivity, and curbing deforestation. JOHAN HOLMBERG is an expert on development cooperation and a former Swedish ambassador to Ethiopia. He is now a private consultant.
Author: Aercio S. Cunha
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 72
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Book Description
Author: United States. Agency for International Development. Bureau for Africa
Publisher:
ISBN:
Category : Ecology
Languages : en
Pages : 150
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Book Description
Author: James Cust
Publisher: World Bank Publications
ISBN: 1464817448
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. This issue of stranded assets and, relatedly, “stranded nations,†? has major implications for the many African economies that are dependent on petroleum extraction and export. On the other hand, the energy transition will increase demand for raw material inputs involved in clean energy technologies. The transition from fossil fuels to clean energy may create demand by 2050 for 3 billion tons of minerals and metals that are needed to deploy solar, wind, and geothermal energy. How can African economies tap into these opportunities while managing the downside risk to their fossil fuel wealth? Africa’s Resource Future explores these themes and offers policy makers insights to help them navigate the coming years of uncertainty.
Author: Bénédicte de la Brière
Publisher: World Bank Publications
ISBN: 1464810060
Category : Education
Languages : en
Pages : 172
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Book Description
Sub-Saharan Africa's natural resource-rich countries have poor human development. Children in these countries are more likely to die before their first birthday, more likely to be stunted, and less likely to attend school than children in other countries with similar income. Despite the current price downturn, extractives will remain an important part of Sub-Saharan Africa's growth story—using resource rents wisely remains a long term challenge. Governments must choose how to allocate resource rents between spending, investing in human or physical capital, or investing in global financial assets. The return to investing in physical and human capital will be high in countries where the capital stock is low. Moreover, higher levels of human capital make investments in physical capital more productive, which suggests that the optimal portfolio will involve investing in both. Human capital should be prioritized in many of Sub-Saharan Africa’s resource-rich countries because of the low starting point. Investing effectively in human capital is hard because it involves delivering services, which means coordinating a large number of actors and activities. Three dimensions of governance are key: institutions, incentives and information. Decentralization and leveraging the private sector are entry points to reforming institutional structures. Revenues from natural resources can fund financial incentives to strengthen performance or demand. Producing information, making it available, and increasing social accountability helps citizens understand their rights and hold governments and providers accountable. Improving the quality of education and health services is central to improving human capital. Two additional areas are promising. First, early child development—mother and newborn health, and early child nutrition, care, and education—improves outcomes in childhood and later on. Second, cash transfers—either conditional or unconditional—reduce poverty, increase household investments in child education, nutrition, and health, and increase the investment in productive assets which foster further income generation.
Author: United States. Congress. House. Committee on Science and Technology. Subcommittee on Natural Resources, Agriculture Research, and Environment
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 994
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Book Description
