Showing 1 - 10 of 36
To attract greater levels of foreign direct investment into their gold mining sectors, many mineral-rich countries in sub-Saharan Africa have been willing to overlook serious instances of mining company non-compliance with environmental standards. These lapses in regulatory oversight and...
Persistent link: https://www.econbiz.de/10011653933
This paper investigates China's influence on local economic development in 37 African countries between 1997 and 2007. We compare the average changes in economic growth, migration, spatial inequality, and welfare of mineral-rich districts, both prior and after China's WTO Accession, to the...
Persistent link: https://www.econbiz.de/10011653953
This paper investigates the sources of variability in the mobilization of domestic tax revenue in oil-producing countries. It argues that the type of natural resources exploited during colonial rule can affect the contemporary levels of domestic tax revenue in oil countries. We test this...
Persistent link: https://www.econbiz.de/10011653966
This paper reviews the political economy of extractive resources and the associated resources sector governance agenda. The consensus that good sector governance improves the developmental impacts of extractive resources exploitation is premised on the understanding that institutions matter for...
Persistent link: https://www.econbiz.de/10011654017
Donor interest in the extractives sector is based upon the premise that it represents an opportunity to improve a country's development prospects. However, in many cases the presence of extractive resources is associated with poor economic performance. As a result, some donors are trying a...
Persistent link: https://www.econbiz.de/10011654024
This paper discusses the channels of impact of an extractives activity on an economy by presenting a brief description supported by graphics of the different routes through which the direct economic and social impacts of these activities might be enhanced. These routes include those that often...
Persistent link: https://www.econbiz.de/10011688579
A large mining project has the potential to be a partner in assisting local communities in their development efforts. Communities located in close proximity to a large mine have every right to expect that the project will benefit their community. Often, reality falls short of their expectations...
Persistent link: https://www.econbiz.de/10011688595
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. First, there is the argument that host...
Persistent link: https://www.econbiz.de/10011943764
In 2008, the Government of Zambia reformed its mining tax regime for large-scale copper mines through a unilateral legislative change. The country went from having one of the lowest average effective tax rates and government take to be above the average. We focus on a particularly controversial...
Persistent link: https://www.econbiz.de/10011943858
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 ways to achieve diversification in a...
Persistent link: https://www.econbiz.de/10011943875