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Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development - particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be associated with acute social inequality and deep...
Persistent link: https://www.econbiz.de/10011983951
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to expectations that these industries will contribute very...
Persistent link: https://www.econbiz.de/10011873860
This paper outlines how sustainable development in resource-rich countries requires an 'all of government' approach as well as multi-stakeholder dialogue and partnerships between government, companies, and civil society organizations. Effective management and regulation requires many different...
Persistent link: https://www.econbiz.de/10011653831
from mining activities, focusing on wages, firm profitability, and job creation. Utilizing exogenous changes in … minerals and metals being extracted, we find that, in the short term, a general contraction in the mining sector reduces the … evidence that a negative shock to the mining sector through vertical integration will have negative productivity impacts on the …
Persistent link: https://www.econbiz.de/10012816398
monitor these laws. Effectiveness of local content legislation and the potential for firms in the mining sector to contribute …
Persistent link: https://www.econbiz.de/10011922176
Robust forecasting of mining sector revenues is key to effective budgeting (and broader fiscal management) in many … maintained by revenue authorities. In contrast, commercial mining entities typically have well-developed tools for analysing …
Persistent link: https://www.econbiz.de/10012173981
Companies in the oil, gas, and mining sectors face ever intensifying scrutiny over their environmental, social, and …
Persistent link: https://www.econbiz.de/10014534815
While market mechanisms and private initiatives can deliver much for development, public action is also necessary to: maximize the economic benefits of the extractive industries; manage potentially large capital and revenues flows; minimize adverse environmental and social impacts; and steer the...
Persistent link: https://www.econbiz.de/10014534816
This paper analyses the roles that states, civil society, and international actors can play in tackling the weak governance that sometimes leads to resources being used for private rather than public benefit. It discusses the corruption that bedevils licensing and commodities trading; and oil...
Persistent link: https://www.econbiz.de/10014534838
This paper argues for a change in government attitudes to their extractive industries: as enclaves useful primarily as revenue sources. This is too narrow a perspective: it fails to recognize the broader economic linkages that are invariably possible. Achieving greater economic impact requires...
Persistent link: https://www.econbiz.de/10014525761