Showing 1 - 10 of 168
There are large volumes of gas offshore Tanzania, which has raised hopes of a boom. But those hopes look set to be disappointed. A boom would depend on there being a sizeable flow of revenue to government from producing and exporting gas. This paper sets out the scale of the gas, and the array...
Persistent link: https://www.econbiz.de/10012146474
A significant natural resource discovery creates excited popular expectations of imminent wealth. But the size of a boom is usually overestimated and the delay in receiving revenues is underestimated. This paper takes stock of the sequencing, timing, and scale of the development of a natural...
Persistent link: https://www.econbiz.de/10012146475
This paper analyses the role of tertiary education on rural development. Using census data on villages in India for 2011, we find that skilled workers have had an important impact on rural prosperity. A 1 percentage point rise in the share of the village population with tertiary education raises...
Persistent link: https://www.econbiz.de/10014477607
This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument that Ghana's new status as a middle income country plus the start of oil production is bound to result in a reduction in ODA inflows in the long term. However in the short to...
Persistent link: https://www.econbiz.de/10010319799
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 transformational for the Ugandan economy, but it could...
Persistent link: https://www.econbiz.de/10012146476
As it transitions to an oil-producing country, Uganda's investments in infrastructure and physical capital will increasingly depend on the ability of the construction sector to respond to surges in demand and transform investment effort into outcomes. Using administrative and survey data, this...
Persistent link: https://www.econbiz.de/10012146477
Zimbabwe's persistent economic challenges since the early 1990s have been largely attributed to unpopular political decisions at the expense of building productive capacity in different sectors of the economy. Using a global value chains framework taking into account political economy dynamics,...
Persistent link: https://www.econbiz.de/10012146570
This paper analyses the risks facing resource-dependent countries. These include: (i) economic mismanagement (the 'resource curse'); (ii) political mismanagement; (iii) environmental damage (climate change and the destruction of natural capital). It distinguishes 'risk' (which can be addressed...
Persistent link: https://www.econbiz.de/10014548564
We examine the long-term impact of forced labour on individual risk behaviour and economic decisions. For that, we focus on a policy of coercive cotton cultivation enforced in colonial Mozambique between 1926 and 1961. We combine archival sources about the boundaries of historical cotton...
Persistent link: https://www.econbiz.de/10014548580
South Africa frequently experiences rolling blackouts ('load shedding') due to shortfalls in electricity generation. This is a common problem across the developing world, and yet the developmental impacts of insufficient and unstable electricity supply, and the benefits of mitigating this, are...
Persistent link: https://www.econbiz.de/10014581216