The Mineral Economy of Guinea

The Mineral Economy of Guinea PDF Author: George A. Morgan
Publisher:
ISBN:
Category : Mineral industries
Languages : en
Pages : 30

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Book Description


The Mineral Economy of Guinea

The Mineral Economy of Guinea PDF Author: George A. Morgan
Publisher:
ISBN:
Category : Mineral industries
Languages : en
Pages : 24

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Book Description


Regime Stability, Social Insecurity and Bauxite Mining in Guinea

Regime Stability, Social Insecurity and Bauxite Mining in Guinea PDF Author: Penda Diallo
Publisher: Routledge
ISBN: 1000752100
Category : Business & Economics
Languages : en
Pages : 159

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Book Description
This book explores how bauxite mining has affected local and national political dynamics in Guinea over the past 55 years, providing an overview of mining interactions with social, economic and political spheres. Guinea is amongst the world’s top producers of bauxite, and the country’s rich mineral presence has numerous implications on local communities and national policy. Guinea is an interesting and highly relevant case study in assessing the impact of bauxite mining on regime stability and social insecurity. The author offers a clear understanding of the role of mining during the Touré and Conté regimes and analyses how changes since the election of Condé in 2010 have affected the socio-political and economic development of Guinea. The author also offers analysis on how bauxite mining has led to the emergence of new forms of social contracts, sustained by mining companies instead of the state. Finally, the book argues that understanding the stabilising and destabilising potential of mining is key to ensuring long-term, sustainable, stable and inclusive growth of mineral-resource-rich countries. The book concludes by highlighting the relevance of the findings in Guinea for the wider African extractives sector. The book will be of interest to a wide range of scholars, including those working in the areas of African studies, political science, political economy, sustainable development and corporate social responsibility. The book will be relevant for academics, business actors, NGOs, policy-makers and students interested in the African mining sector.

Guinea

Guinea PDF Author: Bram Posthumus
Publisher: Hurst & Company Limited
ISBN: 1849044554
Category : Art
Languages : en
Pages : 299

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Book Description
Guinea is rich, both materially and culturally, with the world's largest bauxite reserves, gold, diamonds and iron ore. It abounds in culture and traditions and has a remarkable, if often turbulent, history. Guinea is also exceptional in that it was the first French colony proudly to declare its independence, in 1958. Thereafter, the country suffered under the tyranny of Sekou Toure. Today, headed for the first time by an elected president, Guineans are trying to put their troubled past behind them and fulfil the promise of a decent life for all. It will not be easy. Tens of thousands perished in the years of chaos and even more human potential continues to go to waste. Guinea is the classic paradox: there are vast mineral reserves, its peoples are resourceful and the earning potential of agriculture and tourism is evident. And yet, most citizens are desperately poor and lack even the most basic services. Governance lies at the heart of this problem. Posthumus touches on all these themes, while taking the reader to all corners of Guinea, which is captivating and exasperating in equal measure. He also highlights Guinea's remarkable cultural accomplishments, most notably its globally renowned music.

Guinea Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations

Guinea Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations PDF Author: IBP, Inc.
Publisher: Lulu.com
ISBN: 1438721226
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Guinea Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations

The future of Mining Industry in Guinea

The future of Mining Industry in Guinea PDF Author: Ibrahima Soumah
Publisher: Editions L'Harmattan
ISBN: 2296215734
Category : Business & Economics
Languages : fr
Pages : 268

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Book Description
Guinea was identified as a mining country long time ago since quantity of gold coming from the Bouré region, near Siguiri, constituted the power and reputation of medieval Mandingue empire. For the Guinean people and those observing them, the real scandal is having so much resources and remaining among the poorest countries in the world with the HDI classification ranking Guinea to the 160 th place out of 175 countries, while its income per capita is below $500/year. This book provides information on the potential and the evolution of the Guinean mining sector.

Beyond the Resource Curse

Beyond the Resource Curse PDF Author: Thierno Amadou Diallo
Publisher:
ISBN:
Category :
Languages : en
Pages : 76

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Book Description
Natural resource endowments are no guarantee of socioeconomic development. Many developing countries are rich in natural resources (minerals, oil, gas, hydropower), and yet many of their citizens remain in poverty and their economies have failed to grow; the "paradox of plenty". Despite its natural resources (bauxite, iron ore, diamond, gold and hydropower), Guinea has been unsuccessful in marshaling and leveraging these resources to produce socioeconomic development. The critical challenge for Guinea, just like many resource-rich countries, is governance failures- decades of military rule, corruption and resource mismanagement after centuries of French colonial rule. This thesis uses secondary sources and data to argue that the resource curse as a phenomenon in resource-rich countries has limitations as it does not offer these countries a path for how their resources could be used to propel social and economic development. To overcome the so-called resource curse, this thesis argues that the key to unlocking economic and social development in mineral-rich Guinea, is investing its resource-generated revenue to develop the country's infrastructure services. Infrastructures such as roads, telecommunications, water, power, education and health facilities are the foundation for socioeconomic development. The new hope for Guinea rests in the fact that after more than fifty two years of military and authoritarian rule, the country transitioned to "democracy" for the first time in 2010. This coupled with the emergence of new global players such as China and other emerging countries, with their quests to secure stable natural resources to fuel their industries, comes a new window of opportunity for resource-rich countries such as Guinea to leverage and link its extractive industries to develop key infrastructure services. Guinea could leverage its bauxite and iron ore industries to transition to onsite transformation of these materials, whose transformation is energy-intensive. Guinea could then leverage the demand for power from the onsite transformation to develop its untapped hydropower generation capacity to supply both mines and the rest of the country. However, this will not happen without governance reforms in Guinea's extractive industries and mining code.

Guinea-Bissau Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations

Guinea-Bissau Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations PDF Author: IBP USA
Publisher: Lulu.com
ISBN: 1433021439
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
Guinea-Bissau Mineral & Mining Sector Investment and Business Guide - Strategic and Practical Information

Equatorial Guinea Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations

Equatorial Guinea Mineral, Mining Sector Investment and Business Guide Volume 1 Strategic Information and Regulations PDF Author: IBP USA
Publisher: Lulu.com
ISBN: 1433014386
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
Equatorial Guinea Mineral & Mining Sector Investment and Business Guide - Strategic and Practical Information

mineral-rich countries and dutch disease: understanding the macroeconomic implications of windfalls and the development prospects the case of equatorial guinea

mineral-rich countries and dutch disease: understanding the macroeconomic implications of windfalls and the development prospects the case of equatorial guinea PDF Author: Achille Toto Same
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 37

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Book Description
Abstract: Referring to the original context of Dutch Disease, the term refers to the fears of de-industrialization that gripped the Netherlands as a result of the appreciation of the Dutch currency that followed the discovery of natural gas deposits. Expansion of petroleum exports in the 1960s not only crowded out other exports, it actually reduced other exports disproportionately and fueled the fears of dire consequences for Dutch manufacturing. In the case of Equatorial Guinea, the secondary sector represents about 2 percent of the gross domestic product, manufacturing represents less than 1 percent, and oil represents more than 95 percent. The negative impact of the Dutch Disease in this context would be limited given the structure of the economy and on the contrary may even be a good thing because it fuels the structural transformational process of the economy, which is needed in Equatorial Guinea. This paper argues that the ongoing Dutch Disease is a natural and necessary reallocation of resources in the economy of Equatorial Guinea. The magnitude of negative macroeconomic consequences of the Dutch Disease depends on the country's economic structure and stage of development. In a country where the manufacturing sector barely exists or where the non-oil primary sector is structurally deficient, as has been the case of Equatorial Guinea, there is little to fear about the disease. The oil boom is a blessing, given that oil revenues when properly managed can play a special and critical role in overall economic development and poverty reduction in low-income countries. To promote good governance in the management of the country's oil wealth, the government may wish to adhere to clear standards of accountability and transparency; especially by complying with the Extractive Industries Transparency Initiative (EITI++).