Book Chapter
The macroeconomic management of natural resourcesPart of Book Extractive Industries
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. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth...
Part of Book Mining for Change
In recent years, Mozambique has made international headlines for the significant hydrocarbon deposits found offshore. These have increased the country’s extractive resource endowments, in addition to its mining and onshore natural gas sector. It is...
Since the early 1990s, at least 45 initiatives have been mounted to improve the environmental and social performance of the mining industry across the world. Many changes in the formal legal and regulatory systems have also been introduced. However...
For a growing number of countries in Africa the discovery of natural resources is a great opportunity, but one accompanied by considerable risks. There is an extensive literature linking natural resource dependence to poor economic performance. One...