Working Paper
New industrial policy and the extractive industries
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge...
Working Paper
Protecting the environment during and after resource extraction
Natural resources extraction inevitably imposes environmental injuries including diversion of scarce water away from pressing local needs, disruption of fragile ecosystems, and longer-range and often irreparable harm. These fall most forcefully on...
Blog
What role for East African hydrocarbons in the global economy post-Paris COP21?
by
Evelyn Dietsche
October 2017
Over the past decade significant hydrocarbon discoveries have been made across East Africa. Unsurprisingly, the respective governments countries have...
Working Paper
Extractive industries and development
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to...
Research Brief
Potential benefits and pitfalls of extractives in Mozambique
Mozambique has seen a significant expansion of interest and investment in its extractive industries. New gas finds in the past ten years have led to expectations that these industries will contribute very significantly to the country’s future...
Working Paper
Rowing against the current
The exploitation of natural resources is a huge opportunity, but one that carries considerable risks. Relative prices in resource-exporting economies tend to push them towards economic structures dominated by the resource sector. This paper explores...
Blog
Forecasting revenues from extractive industries: Information asymmetries and other disadvantages of host governments
by
Alan R. Roe
February 2018
In the first part of this blog, Alan R. Roe writes about the difficulties governments face in predicting revenues from extractive industries. Read...
Blog
Information asymmetries in extractive industries: What can be done?
by
Alan R. Roe
February 2018
In the second part of this blog, Alan R. Roe discusses what is known about the informational failures that pose challenges for governments in...
Working Paper
Extractives for development
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development—particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be...
Working Paper
Uganda’s oil
We study Uganda’s journey to become a petroleum producer and provide estimates regarding the size and timing of the oil revenues to be expected. At an average US$38 per capita per year over a 33-year period, oil revenue by itself will not be...