The Politics Of New African Resource Discoveries In The Post Curse Era

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The Politics of New African Resource Discoveries in the Post-Curse Era

Author : Angela Zivo Gapa
Publisher : Rowman & Littlefield
ISBN 13 : 1666952028
Total Pages : 313 pages
Book Rating : 4.6/5 (669 download)

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Book Synopsis The Politics of New African Resource Discoveries in the Post-Curse Era by : Angela Zivo Gapa

Download or read book The Politics of New African Resource Discoveries in the Post-Curse Era written by Angela Zivo Gapa and published by Rowman & Littlefield. This book was released on 2024-08-19 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past three decades, Africa's resource landscape has undergone significant shifts, with new mineral, oil, and natural gas discoveries coinciding with the increase in global demand for mineral and hydrocarbon resources, and advancements in green technology. In The Politics of New African Resource Discoveries in the Post-Curse Era, edited by Angela Zivo Gapa, scholars and practitioners delve into the intricate dynamics of jackpot resource discoveries in Africa, providing insight into how African governments have managed these discoveries in the post-resource-curse era. Through a series of African case studies, this book critically examines whether Africa stands on the cusp of a post-resource-curse era or if historical patterns of the resource paradox will continue to persist. The contributors explore interventions ranging from citizen feedback mechanisms to institutional restructuring to determine whether recent resource discoveries hold the promise of economic growth and poverty alleviation or if they remain constrained by the global political economy. This book is a collaborative effort to deepen the understanding of global natural resource politics and promote African agency in managing substantial resource windfalls.

Macroeconomics

Author : Justin Yano
Publisher : IPR Journals and Book Publishers
ISBN 13 : 9914752926
Total Pages : 141 pages
Book Rating : 4.9/5 (147 download)

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Book Synopsis Macroeconomics by : Justin Yano

Download or read book Macroeconomics written by Justin Yano and published by IPR Journals and Book Publishers. This book was released on 2023-06-26 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPICS IN THE BOOK Tourism-Led Growth Hypothesis and Economic Growth in Kenya Effect of External Debt Liability on Economic Growth in Kenya The Motivational Effect of Oil Exploration in Somali and the Habitual African Resource Curse The Latent Content Model of Economic Growth

The Institutions Curse

Author : Victor Menaldo
Publisher : Cambridge University Press
ISBN 13 : 1107138604
Total Pages : 417 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The Institutions Curse by : Victor Menaldo

Download or read book The Institutions Curse written by Victor Menaldo and published by Cambridge University Press. This book was released on 2016-08-25 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debunks the view that natural resources lead to terrible outcomes by demonstrating that oil and minerals are actually a blessing.

Oil Mortality in Post-Fossil Fuel Era Nigeria

Author : Augustine Sadiq Okoh
Publisher : Springer Nature
ISBN 13 : 3030607852
Total Pages : 254 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Oil Mortality in Post-Fossil Fuel Era Nigeria by : Augustine Sadiq Okoh

Download or read book Oil Mortality in Post-Fossil Fuel Era Nigeria written by Augustine Sadiq Okoh and published by Springer Nature. This book was released on 2020-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an insight into the complexities of weaning Nigeria from its fossil fuels addiction while growing the economy on low carbon trajectory. Nigeria faces a carbon catch 22 with the proliferation of renewable energy alternatives and scale-up of electric vehicles. The dilemma Nigeria is confronted with is to grow its fossil-led economy or face the challenge of its fossil infrastructure becoming stranded assets. It is a roadmap for plotting an environmentally benign path out of the country’s economic, social and environmental crises. This book is, therefore, a valuable resource for students, Civil Society Organizations, policymakers, academics and climate change adaptation practitioners who are interested in finding an environmentally sensitive path out of Nigeria’s economic cul-de-sac fostered by the decarbonization of the global energy economy. Findings of this study will trigger a national conversation on the looming exit from fossil fuels. In doing so, accelerate the integration of renewable energy into the Nigerian national development plan while building a carbon neutral society. Lessons learnt from the handling of Nigeria’s precarious circumstance will be of immense benefit to other oil prospecting, oil producing and non-producing nations who are interested in finding an equitable way of pursuing two inversely related goals of meeting their decarbonization commitments while simultaneously growing their economies in the post-Paris era.

Peace, Security and Post-conflict Reconstruction in the Great Lakes Region of Africa

Author : Lumumba-Kasongo, Tukumbi
Publisher : CODESRIA
ISBN 13 : 2869787200
Total Pages : 392 pages
Book Rating : 4.8/5 (697 download)

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Book Synopsis Peace, Security and Post-conflict Reconstruction in the Great Lakes Region of Africa by : Lumumba-Kasongo, Tukumbi

Download or read book Peace, Security and Post-conflict Reconstruction in the Great Lakes Region of Africa written by Lumumba-Kasongo, Tukumbi and published by CODESRIA. This book was released on 2017-11-28 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Lakes region of Africa is characterized by protest politics, partial democratization, political illegitimacy and unstable economic growth. Many of the countries that are members of the International Conference on the Great Lakes Region (ICGLR) which are: Burundi, Angola, Central African Republic, Democratic Republic of the Congo, Republic of the Congo, Kenya, Uganda, Rwanda, Sudan, South Sudan, Tanzania, and Zambia, have experienced political violence and bloodshed at one time or another. While a few states have been advancing electoral democracy, environmental protection and peaceful state building, the overall intensity of violence in the region has led to civil wars, invasion, genocide, dictatorships, political instability, and underdevelopment. Efforts to establish sustainable peace, meaningful socio-economic development and participatory democracy have not been quite successful. Using various methodologies and paradigms, this book interrogates the complexity of the causes of these conflicts; and examines their impact and implications for socio-economic development of the region. The non-consensual actions related to these conflicts and imperatives of power struggles supported by the agents of ‘savage’ capitalism have paralysed efforts toward progress. The book therefore recommends new policy frameworks within regionalist lenses and neo-realist politics to bring about sustainable peace in the region.

Natural Resources, Neither Curse nor Destiny

Author : Daniel Lederman
Publisher : World Bank Publications
ISBN 13 : 0821365460
Total Pages : 396 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Natural Resources, Neither Curse nor Destiny by : Daniel Lederman

Download or read book Natural Resources, Neither Curse nor Destiny written by Daniel Lederman and published by World Bank Publications. This book was released on 2006-10-23 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.

Africa's Resource Future

Author : James Cust
Publisher : World Bank Publications
ISBN 13 : 1464817448
Total Pages : 257 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Africa's Resource Future by : James Cust

Download or read book Africa's Resource Future written by James Cust and published by World Bank Publications. This book was released on 2023-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the role for natural resource wealth in driving Africa’s economic transformation and the implications of the low-carbon transition for resource-rich economies. Resource wealth remains central to most Sub-Saharan African economies, and significant untapped potential is in the ground. Subsoil assets—such as metals, minerals, oil, and gas—are key sources of government revenues, export earnings, and development potential in most countries in the Africa region. Despite large reserves, success in converting subsoil wealth into aboveground sustainable prosperity has been limited. Since the decline in commodity prices in 2014, resource-rich Africa has grown more slowly than the region’s average growth rate. Finding ways to more effectively harness natural resource wealth to drive economic transformation will be central to Africa’s economic future. As the world moves away from fossil fuels in alignment with commitments under the Paris Agreement, Africa’s resource-rich countries face new risks and opportunities. Recent estimates suggest that 80 percent of the world’s proven fossil fuel reserves must remain underground to meet the Paris targets, and much of these stranded reserves may be in Africa. This issue of stranded assets and, relatedly, “stranded nations,†? has major implications for the many African economies that are dependent on petroleum extraction and export. On the other hand, the energy transition will increase demand for raw material inputs involved in clean energy technologies. The transition from fossil fuels to clean energy may create demand by 2050 for 3 billion tons of minerals and metals that are needed to deploy solar, wind, and geothermal energy. How can African economies tap into these opportunities while managing the downside risk to their fossil fuel wealth? Africa’s Resource Future explores these themes and offers policy makers insights to help them navigate the coming years of uncertainty.

Sustaining Development in Mineral Economies

Author : Richard Auty
Publisher : Routledge
ISBN 13 : 1134867891
Total Pages : 306 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Sustaining Development in Mineral Economies by : Richard Auty

Download or read book Sustaining Development in Mineral Economies written by Richard Auty and published by Routledge. This book was released on 2002-09-26 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is widely believed that natural mineral resources are desirable. However there is growing evidence that this may not always be the case. Indeed, it seems that natural assets can distort the economy to such a degree that the benefit actually becomes a curse. In Sustaining Development in Mineral Economies, Richard Auty highlights these drawbacks and the devastating effect they can have on developing economies. With reference to six ore-exporters (viz. Peru, Bolivia, Chile, Jamaica, Zambia and Papua New Guinea) he outlines how things can go badly wrong. He particularly stresses the need to avoid `Dutch Disease' whereby competitiveness is drained out of the agriculture and manufacturing sectors so that in the long term growth falters.

Majority State Ownership of Oil and Mining Sectors in Africa

Author : John James Quinn
Publisher : Taylor & Francis
ISBN 13 : 0429751869
Total Pages : 171 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis Majority State Ownership of Oil and Mining Sectors in Africa by : John James Quinn

Download or read book Majority State Ownership of Oil and Mining Sectors in Africa written by John James Quinn and published by Taylor & Francis. This book was released on 2024-09-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Majority State Ownership of Oil and Mining Sectors in Africa: The Resource Curse Undermined shows that countries in sub-Saharan Africa with majority state ownership of their major oil or mineral export sectors suffered from more severe versions of the natural resource curse than other similar countries. Examining natural resource exporting nations in sub-Saharan Africa between 1966 to 2000, Quinn shows that on average, states with majority state ownership of these sectors featured lower growth, lower incomes, declining alternative export sectors, more debt, lower levels of investment, lower levels of political and civil rights, and more domestic conflict than other similar countries. These results remained fairly consistent across both cross-country data, as well as in paired case studies. One surprise finding is that these countries either had depreciating currencies, or did not feature high levels of currency appreciation, on average, which is inconsistent with resource curse literature predictions. Rather, most countries with majority state ownership had high levels of currency overvaluation – which operated in a similar manner as currency appreciation. This work should appeal to students and faculty interested in the political economy of development, the natural resource curse, and African development, as well as politicians, policy makers, and NGO workers working in these areas. The strong recommendation of the book is that governments should control 50% or less of these sectors.

Resource Abundance and Economic Development

Author : R. M. Auty
Publisher : Oxford University Press
ISBN 13 : 0199246882
Total Pages : 357 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Resource Abundance and Economic Development by : R. M. Auty

Download or read book Resource Abundance and Economic Development written by R. M. Auty and published by Oxford University Press. This book was released on 2001-06-28 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Senegal

Author : International Monetary Fund. African Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484396308
Total Pages : 46 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Senegal by : International Monetary Fund. African Dept.

Download or read book Senegal written by International Monetary Fund. African Dept. and published by International Monetary Fund. This book was released on 2019-01-28 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper estimates the macroeconomic impact of these discoveries and discusses potential fiscal frameworks for managing related revenues. Pre-production investment (2019–2021) will lead to an increase in the current account deficit; however, this will be followed by a boost to exports as hydrocarbon production comes online (2022 onward). Discoveries are important but will not lead to a major transformation of the economy, with hydrocarbons expected to make up not more than 5 percent of GDP. Fiscal revenues would average about 1.5 percent of GDP over a 25-year period and about 3 percent of GDP when production peaks. Given the relatively small gains in revenue, IMF staff recommends a fiscal framework that allows for an initial drawdown of government resources to finance large up-front investment needs, followed by an appropriate target level of the non-resource primary balance which is to serve as a medium-term fiscal anchor. Issues related to managing the volatility of resource revenues are also discussed.

The Oil Curse

Author : Michael L. Ross
Publisher : Princeton University Press
ISBN 13 : 0691159637
Total Pages : 314 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Oil Curse by : Michael L. Ross

Download or read book The Oil Curse written by Michael L. Ross and published by Princeton University Press. This book was released on 2013-09-08 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explaining—and solving—the oil curse in the developing world Countries that are rich in petroleum have less democracy, less economic stability, and more frequent civil wars than countries without oil. What explains this oil curse? And can it be fixed? In this groundbreaking analysis, Michael L. Ross looks at how developing nations are shaped by their mineral wealth—and how they can turn oil from a curse into a blessing. Ross traces the oil curse to the upheaval of the 1970s, when oil prices soared and governments across the developing world seized control of their countries' oil industries. Before nationalization, the oil-rich countries looked much like the rest of the world; today, they are 50 percent more likely to be ruled by autocrats—and twice as likely to descend into civil war—than countries without oil. The Oil Curse shows why oil wealth typically creates less economic growth than it should; why it produces jobs for men but not women; and why it creates more problems in poor states than in rich ones. It also warns that the global thirst for petroleum is causing companies to drill in increasingly poor nations, which could further spread the oil curse. This landmark book explains why good geology often leads to bad governance, and how this can be changed.

Corporate Sustainability in Africa

Author : Samuel Adomako
Publisher : Springer Nature
ISBN 13 : 3031292731
Total Pages : 460 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Corporate Sustainability in Africa by : Samuel Adomako

Download or read book Corporate Sustainability in Africa written by Samuel Adomako and published by Springer Nature. This book was released on 2023 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses empirical, theoretical, and policy perspectives in its examination of the development of sustainability management of African firms. Documenting cases of sustainable activities across Africa and accelerating knowledge about the opportunities and challenges facing firms operating in Africa, the chapters examine various aspects of sustainability and sustainable entrepreneurship/innovations in the African context. The authors seek to shed light on how African nations can be positioned to meet the 2030 Sustainable Development Goals as well as the innovative strategies necessary to improve sustainability practices of African firms for greater success. With guidance for scholars and policymakers, this book will serve as a valuable resource, providing readers with an up-to-date and contextual understanding of sustainability practices, drivers, and challenges in Africa. Samuel Adomako is Associate Professor of Strategy at the Birmingham Business School at the University of Birmingham, UK. Albert Danso is Associate Professor of Accounting and Finance at the Leicester Castle Business School at De Montfort University, UK. Agyenim Boateng is Professor of Finance and Director of Finance and Banking Research Centre at the Leicester Castle Business School at De Montfort University, UK.

Natural Resources and Violent Conflict

Author : Ian Bannon
Publisher : World Bank Publications
ISBN 13 : 9780821355039
Total Pages : 432 pages
Book Rating : 4.3/5 (55 download)

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Book Synopsis Natural Resources and Violent Conflict by : Ian Bannon

Download or read book Natural Resources and Violent Conflict written by Ian Bannon and published by World Bank Publications. This book was released on 2003-01-01 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research carried out by the World Bank on the root causes of conflict and civil war finds that a developing country's economic dependence on natural resources or other primary commodities is strongly associated with the risk level for violent conflict. This book brings together a collection of reports and case studies that explore what the international community in particular can do to reduce this risk.; The text explains the links between natural resources and conflict and examines the impact of resource dependence on economic performance, governance, secessionist movements and revel financing. It then explores avenues for international action - from financial and resource reporting procedures and policy recommendations to commodity tracking systems and enforcement instruments, including sanctions, certification requirements, aid conditionality, legislative and judicial instruments.

Confronting the Curse

Author : Cullen S. Hendrix
Publisher : Peterson Institute for International Economics
ISBN 13 : 0881326763
Total Pages : 221 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Confronting the Curse by : Cullen S. Hendrix

Download or read book Confronting the Curse written by Cullen S. Hendrix and published by Peterson Institute for International Economics. This book was released on 2014 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Performing Shakespearean Appropriations

Author : Darlena Ciraulo
Publisher : Rowman & Littlefield
ISBN 13 : 1683933613
Total Pages : 253 pages
Book Rating : 4.6/5 (839 download)

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Book Synopsis Performing Shakespearean Appropriations by : Darlena Ciraulo

Download or read book Performing Shakespearean Appropriations written by Darlena Ciraulo and published by Rowman & Littlefield. This book was released on 2022-06-29 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays brings together innovative scholarship on Shakespeare’s afterlives in tribute to Christy Desmet. Contributors explore the production and consumption of Shakespeare in acts of adaptation and appropriation across a range of performance topics, from book history to the novel to television, cinema, and digital media.

Extractive Imperialism in the Americas

Author : James Petras
Publisher : BRILL
ISBN 13 : 9004268863
Total Pages : 331 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Extractive Imperialism in the Americas by : James Petras

Download or read book Extractive Imperialism in the Americas written by James Petras and published by BRILL. This book was released on 2014-07-24 with total page 331 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent changes in the global economy, which include a growing demand for energy and natural resources such as industrial minerals and agro-food products, have brought about a massive devastating pillage of resources in the developing world by multinational corporations as well as states with energy and food security concerns—and concerns about a system (global capitalism) in the throes of a global crisis. These developments have also brought about a major change in the form taken by imperialism (actions taken by the state to advance the interests of the dominant capitalist class). This book explores the changing face of US imperialism in the regional context of the Americas, a major stage in the unfolding drama of a system in crisis.