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Uganda's economy underwent significant structural change in the 2000s whereby the share of non-tradable services in …
Persistent link: https://www.econbiz.de/10012246609
This note provides guidance on how to use social accountability (SA) approaches in oil, gas, and mining projects, with particular emphasis on World Bank projects in the extractive industry (EI) sectors. It highlights some consequences of poor transparency and accountability in EI sectors and...
Persistent link: https://www.econbiz.de/10012644326
Paul Wolfowitz, President of the World Bank, discussed the fight against poverty during the last 20 years, during which East Asian countries have made progress, but Sub-Saharan African poverty has doubled. Oil revenues far exceed official development assistance. Yet for some countries it has...
Persistent link: https://www.econbiz.de/10012644404
The natural resources sector, particularly the mining industry, has been a significant part of Peru's economic growth over the past decade. The law mandates that the national government transfer half of the income taxes paid by mining companies to regional and local governments. This transfer of...
Persistent link: https://www.econbiz.de/10012646863
The extractive industries (EI) sector occupies an outsize space in the economies of many developing countries. Economists, public finance professionals, and policy makers working in such countries are frequently confronted with issues that require an in-depth understanding of the sector; its...
Persistent link: https://www.econbiz.de/10012245159
Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries provides developing countries with a technical understanding and practical options around oil, gas, and mining sector development issues. A central premise of the Sourcebook is that good technical knowledge can better...
Persistent link: https://www.econbiz.de/10012245374
Major oil and gas discoveries are often associated with excitement and jubilation among citizens and government officials. But the extent to which discoveries substantially alter citizen expectations about economic conditions in a country remains an open question. The paper combines...
Persistent link: https://www.econbiz.de/10012297222
The Korean manufacturing sector has undergone active structural transformation in the past few decades. In particular, the composition of core manufacturing products has changed over time. In the 1970s, textiles, which are used to produce fabric, clothes, apparel, and shoes, were the main...
Persistent link: https://www.econbiz.de/10012241373
This paper documents that structural change positively contributed to labor productivity growth in Guinea during 2006-15. However, the contribution of structural change to productivity growth was modest (about one percentage point per year on average), because labor moved from agriculture, the...
Persistent link: https://www.econbiz.de/10012297771
Ghana has experienced a decade of solid and exceptionally high growth. Between 2005 and 2015, income nearly doubled. This paper analyzes the factors driving this impressive growth performance, using tools such as structural change decompositions and growth regressions. For the comparative...
Persistent link: https://www.econbiz.de/10012002718