Natural Resource Investment and Africa's Development

Natural Resource Investment and Africa's Development PDF Author: Francis N. Botchway
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 552

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Book Description
This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyze the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.

Natural Resource Investment and Africa's Development

Natural Resource Investment and Africa's Development PDF Author: Francis N. Botchway
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 552

Get Book Here

Book Description
This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyze the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.

Mining for Change

Mining for Change PDF Author: John Page
Publisher: Oxford University Press
ISBN: 0198851170
Category : Business & Economics
Languages : en
Pages : 513

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Book Description
For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. This book presents research on how to better manage the revenues and opportunities associated with natural resources.

Natural Resource Endowment and the Fallacy of Development in Cameroon

Natural Resource Endowment and the Fallacy of Development in Cameroon PDF Author: Fonjong, Lotsmart
Publisher: Langaa RPCIG
ISBN: 9956551244
Category : Business & Economics
Languages : en
Pages : 364

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Book Description
Cameroon is rich in petroleum, minerals, tropical forests, wildlife, water systems, fertile lands, and much more. Paradoxically however, most citizens live in abject poverty and without jobs, potable water, electricity, good healthcare and roads. This book is a thoughtful interrogation of some of the structural factors driving persistent poverty in Cameroon in the midst of natural resource abundance. It engages in a multidimensional critical analysis of the impact of natural resources on basic development indicators and concludes that good resource governance and sound management are the missing link. Natural resources alone will not create socio-economic prosperity void of good management with a clear development vision and strategy in Cameroon. The book assembles a wide diversity of analysis, views, perspectives and recommendations from economists, development experts, social and political scientists, on Cameroon’s current development inertia. What emerges in the end is a coherent interdisciplinary analysis of the natural resource-development paradox as it plays out in an African setting. Theories and good practices from Africa and beyond are systematically applied to identify and critique present policy and management approaches while providing alternative options that can unlock Cameroon’s natural resource wealth for national prosperity.

Natural Resource Investment and Africa's Development

Natural Resource Investment and Africa's Development PDF Author: Francis N. Botchway
Publisher: Edward Elgar Publishing
ISBN: 0857930400
Category : Nature
Languages : en
Pages : 545

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Book Description
'This book makes a significant contribution to the literature on natural resource law and governance by engaging specifically with the issues arising in the African region. It covers a wide spectrum of issues that are key to the sustainable use of natural resources in the region, thus making it an important resource for anyone interested in natural resource governance and economic development in the African region.' – Philippe Cullet, University of London, UK This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyse the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.

Community Management of Natural Resources in Africa

Community Management of Natural Resources in Africa PDF Author: Dilys Roe
Publisher: IIED
ISBN: 1843697556
Category : Conservation of natural resources
Languages : en
Pages : 207

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Book Description
Provides a pan-African synthesis of community-based natural resource management (CBNRM), drawing on multiple authors and a wide range of documented experiences from Southern, Eastern, Western and Central Africa. This title discusses the degree to which CBNRM has met poverty alleviation, economic development and nature conservation objectives.

Extracting Profit

Extracting Profit PDF Author: Lee Wengraf
Publisher: Haymarket Books
ISBN: 1608468763
Category : Political Science
Languages : en
Pages : 321

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Book Description
Extracting profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. This period of “Africa rising” did not lead to the creation of jobs but has instead fueled the growth of the extraction of natural resources and an increasingly-wealthy African ruling class.

Rents to Riches?

Rents to Riches? PDF Author: Naazneen Barma
Publisher: World Bank Publications
ISBN: 0821384805
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

Capital Flight from Africa

Capital Flight from Africa PDF Author: Simeon Ibidayo Ajayi
Publisher: Oxford University Press, USA
ISBN: 0198718551
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows.

The New Scramble for Africa

The New Scramble for Africa PDF Author: Pádraig Carmody
Publisher: John Wiley & Sons
ISBN: 0745672949
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
Once marginalized in the world economy, the past decade has seen Africa emerge as a major global supplier of crucial raw materials like oil, uranium and coltan. With its share of world trade and investment now rising and the availability of natural resources falling, the continent finds itself at the centre of a battle to gain access to and control of its valuable natural assets. China's role in Africa has loomed particularly large in recent years, but there is now a new scramble taking place involving a wider range of established and emerging economic powers from the EU and US to Japan, Brazil and Russia. This book explores the nature of resource and market competition in Africa and the strategies adopted by the different actors involved - be they world powers or small companies. Focusing on key commodities, the book examines the dynamics of the new scramble and the impact of current investment and competition on people, the environment, and political and economic development on the continent. New theories, particularly the idea of Chinese "flexigemony" are developed to explain how resources and markets are accessed. While resource access is often the primary motive for increased engagement, the continent also offers a growing market for low-priced goods from Asia and Asian-owned companies. Individual chapters explore old and new economic power interests in Africa; oil, minerals, timber, biofuels, food and fisheries; and the nature and impacts of Asian investment in manufacturing and other sectors. The New Scramble for Africa will be essential reading for students of African studies, international relations, and resource politics as well as anyone interested in current affairs.

Resource Abundance and Economic Development

Resource Abundance and Economic Development PDF Author: R. M. Auty
Publisher: Oxford University Press
ISBN: 0199246882
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
Since the 1960s the per capita incomes of the resource-poor countries have grown significantly faster than those of the resource-abundant countries. In fact, in recent years economic growth has been inversely proportional to the share of natural resource rents in GDP, so that the small mineral-driven economies have performed least well and the oil-driven economies worst of all. Yet the mineral-driven resource-rich economies have high growth potential because the mineral exportsboost their capacity to invest and to import."Resource Abundance and Economic Development" explains the disappointing performance of resource-abundant countries by extending the growth accounting framework to include natural and social capital. The resulting synthesis identifies two contrasting development trajectories: the competitive industrialization of the resource-poor countries and the staple trap of many resource-abundant countries. The resource-poor countries are less prone to policy failure than the resource-abundant countriesbecause social pressures force the political state to align its interests with the majority poor and follow relatively prudent policies. Resource-abundant countries are more likely to engender political states in which vested interests vie to capture resource surpluses (rents) at the expense of policycoherence. A longer dependence on primary product exports also delays industrialization, heightens income inequality, and retards skill accumulation. Fears of 'Dutch disease' encourage efforts to force industrialization through trade policy to protect infant industry. The resulting slow-maturing manufacturing sector demands transfers from the primary sector that outstrip the natural resource rents and sap the competitiveness of the economy.The chapters in this collection draw upon historical analysis and models to show that a growth collapse is not the inevitable outcome of resource abundance and that policy counts. Malaysia, a rare example of successful resource-abundant development, is contrasted with Ghana, Bolivia, Saudi Arabia, Mexico, and Argentina, which all experienced a growth collapse. The book also explores policies for reviving collapsed economies with reference to Costa Rica, South Africa, Russia and Central Asia. Itdemonstrates the importance of initial conditions to successful economic reform.