The Political Economy Of The Natural Resource Paradox In Africa
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The Political Economy Of The Natural Resource Paradox In Africa
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Author : Tuan Minh Le
language : en
Publisher:
Release Date : 2012-06
The Political Economy Of The Natural Resource Paradox In Africa written by Tuan Minh Le and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06 with Africa categories.
Across a range of country settings, the resource paradox refers to the association of significant resource wealth in oil, gas, and minerals with poor economic growth and development outcomes. The puzzle motivating this study is: Why are the governments of resource- rich states so often unable to implement the corrective policy measures available to mitigate many of the patterns that cumulate into the resource curse? The political economy literature recognizes that the main factors determining the success of resource-rich countries are inherently related to the overall governance framework and the political economy of resource wealth extraction and distribution. In other words, managing the resource paradox is inherently a public sector governance challenge—the credibility, quality, transparency, and accountability of policy-making processes, public institutions, the legal and regulatory climate, and sector governance are major determinants of how successfully countries can channel their resource wealth into sustainable development. Yet scholars and practitioners have fallen short of translating broad agreement on the ‘right’ policies into concrete steps to navigate and address the institutional and political obstacles that are associated with governing the resource paradox. This volume synthesizes the most recent policy-related insights about the interaction between the specific political economy contexts and institutional mechanisms in the natural resource sector in African five countries, i.e. Angola, Democratic Republic of Congo, Ghana, Niger, and Nigeria. Building on the lens of the NRM value chain, it brings a problem-oriented, micro political economy focus to the governance and institutional challenges surrounding natural resource management for sustainable development.
Rents To Riches
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Author : Naazneen Barma
language : en
Publisher: World Bank Publications
Release Date : 2011-12-08
Rents To Riches written by Naazneen Barma and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-08 with Business & Economics categories.
This volume focuses on the political economy surrounding the detailed decisions that governments make at each step of the value chain for natural resource management. From the perspective of public interest or good governance, many resource-dependent developing countries pursue apparently short-sighted and sub-optimal policies in relation to the extraction and capture of resource rents, and to spending and savings from their resource endowments. This work contextualizes these micro-level choices and outcomes.
The Political Economy Of Natural Resource Funds
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Author : Eyene Okpanachi
language : en
Publisher: Springer Nature
Release Date : 2021-08-13
The Political Economy Of Natural Resource Funds written by Eyene Okpanachi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-13 with Political Science categories.
This book aims to foster a better understanding of the particular challenges faced by resource-dependent countries or jurisdictions in managing their resource revenues through natural resource funds (NRFs). It explores the varieties of natural resource management strategies as dictated primarily by domestic politics, and how the potential negative distributional consequences of resource wealth management (the resource curse) may add political dimensions and potential conflicts to decisions about NRFs in ways that other sovereign wealth funds (SWFs) do not experience. By bridging the existing academic and practical knowledge gap arising from the limited attention given to the domestic politics of NRFs and state-society relations, this edited book is a valuable resource for academics, policymakers, and civil society actors in resource-driven economies and especially those interested in learning from comparative experiences of natural resource wealth management through NRFs.
Confronting The Curse
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Author : Cullen S. Hendrix
language : en
Publisher: Peterson Institute for International Economics
Release Date : 2014
Confronting The Curse written by Cullen S. Hendrix and has been published by Peterson Institute for International Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
The political economy of natural resource wealth poses two interrelated challenges for American foreign policy, both involving governance issues in countries that are abundantly endowed with natural resources. The potentially negative impact of natural resources on development is captured in the phrase "the resource curse". The implications are the greatest for the commodity producers themselves, ranging from complications for macroeconomic management to political authoritarianism and, in the extreme, the precipitation of violent civil conflict. For US policy, the resource curse presents challenges with respect to coping with state failure and associated transborder phenomena. The issues extend to broader geopolitics. Resource abundance confers financial and political power on producers. China's emergence as a major importer and investor in extraction, willing to accommodate authoritarian producers, exacerbates the challenge, potentially undercutting international efforts to encourage greater transparency and improved management of natural resource wealth. This issue is of particular importance for US policy toward Africa
Economic Change Governance And Natural Resource Wealth
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Author : David Reed
language : en
Publisher: Taylor & Francis
Release Date : 2023-04-14
Economic Change Governance And Natural Resource Wealth written by David Reed and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-14 with Business & Economics categories.
This volume analyzes the ways in which natural resource wealth has shaped authoritarian political regimes and statist economic systems in the countries of southern Africa in the post-colonial period. It consists of five essays. The first sets out the historical framework and emergence of natural resources as the crucial driver of economies in sub-Saharan Africa. Three essays, drawing on in-country research, focus on Tanzania, Zambia and Zimbabwe. They show how this explains the economic evolution of those countries - in particular, the impacts of economic and institutional changes on the bulk of the population, the rural poor. The final essay explores the nature of the changes and their neoliberal economic context, and the ways in which their harmful consequences might be relieved.
Managing Africa S Natural Resources
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Author : K. Hanson
language : en
Publisher: Springer
Release Date : 2014-09-23
Managing Africa S Natural Resources written by K. Hanson and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-23 with Political Science categories.
The authors investigate well-known concerns in natural resource management in Africa while focusing on the capacity dimension of the problems. They examine dynamics of leadership, governance, criminality, structural transformation, as well as emerging issues such as green growth.
Political Economy Of Resource Human Security And Environmental Conflicts In Africa
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Author : Kelechi Johnmary Ani
language : en
Publisher: Springer Nature
Release Date : 2021-08-31
Political Economy Of Resource Human Security And Environmental Conflicts In Africa written by Kelechi Johnmary Ani and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-31 with Political Science categories.
This book shows the push and pull effects between resources, human security and conflicts in Africa. It recognizes the need for resources in Africa to be processed into finished goods in order to influence global market and redefine the pattern of trade relations with powerful countries of Asia, America and Europe in shaping the destiny and future of African countries. The achievement of this laudable objective is plagued by the security challenges which are directly or indirectly linked to resource-related conflicts rocking most of the resource endowed countries in the continent, thereby threatening global peace and security. To deal with this menace in the continent, it requires global co-operation and support of foreign governments, international organizations, international non-government organizations, governments of host countries and its citizens. The book presents the cases and experiences of countries that are endowed with resource, as well as have experienced different forms of human insecurity and have witnessed environmental conflicts in its analysis, which make the discourse interesting and quite educating.
New Approaches To The Governance Of Natural Resources
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Author : J. Grant
language : en
Publisher: Springer
Release Date : 2014-12-22
New Approaches To The Governance Of Natural Resources written by J. Grant and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-12-22 with Political Science categories.
The book provides an in-depth analysis of the governance of Africa's natural resource sectors (oil, biofuels, forestry, fisheries, minerals) and new insights for readers as they navigate the burgeoning research on global governance initiatives and regional/national strategies that seek to improve the governance of the continent's natural resources.
Natural Resources And Local Livelihoods In The Great Lakes Region Of Africa
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Author : A. Ansoms
language : en
Publisher: Springer
Release Date : 2011-03-23
Natural Resources And Local Livelihoods In The Great Lakes Region Of Africa written by A. Ansoms and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-23 with Business & Economics categories.
This book looks at how the benefits of economic development in the Great Lakes Region of Africa are not being equally distributed. It studies the impact of the increasing scramble for natural resources upon local livelihoods and considers the ambiguities that characterise the relationship between mining and development.
Oil And Development In Ghana
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Author : Nathan Andrews
language : en
Publisher: Routledge
Release Date : 2020-11-09
Oil And Development In Ghana written by Nathan Andrews and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-09 with Business & Economics categories.
This book gives a comprehensive overview of Ghana’s hydrocarbon economy using actor network and assemblage theories to contest the methodological nationalism of mainstream accounts of the resource curse in resource-rich countries. Drawing upon recent field research focused on Ghana’s oil and gas sector and utilizing the theoretical framework of actor network theory, the authors contend that there is an assemblage of political, economic, social and environmental networks, processes, actions, actors, and structures of power that coalesce to determine the extent to which the country’s hydrocarbon resources could be regarded as a "curse" or "blessing." This framing facilitates a better understanding of the variety (and duality) of local and global forces and power structures at play in Ghana’s growing hydrocarbon industry. Giving a nuanced and multi-perspectival analysis of the factors that underlie oil-engendered development in Ghana, this book will be of interest to students and scholars of African political economy, development and the politics of resource extraction.