For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity …

China we have examined how marketization and decentralization has affected the composition of provincial public expenditure … observed that in China with a lower marketization level in 1986-1992, fiscal decentralization had positive effect on … fiscal space for higher infrastructure spending. -- fiscal reforms ; infrastructure spending ; decentralization …

transformation is vital for Africa. The region's much-lauded growth turnaround since 1995 has been the result of making fewer … economic policy mistakes, robust commodity prices, and new discoveries of natural resources. At the same time, Africa …'s exports. Industry is most often the leading driver of structural transformation. Africa's experience with industrialization …