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Sharing Oil Rents and Political Violence
Cordella, Tito - 2017
This paper investigates how the devolution of oil windfalls affects the likelihood of political violence. It shows that transferring large shares of oil wealth can prevent conflict, while transferring small shares can trigger it. Among the different transfer schemes, fiscal transfers (to...
Persistent link: https://www.econbiz.de/10012967487
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Will the Euro Create a Bonanza for Africa?
Cohen, Daniel - 2017
In considering how the euro will affect Sub-Saharan Africa, the authors examine the transmission channels through which …-Saharan Africa mainly exports - an increase in activity in Europe is considered to have a marginal impact on Africa. Exchange rate … flows to Sub-Saharan Africa can be affected through portfolio shifts or through changes in foreign direct investment …
Persistent link: https://www.econbiz.de/10012971216
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Global Experiences with Special Economic Zones : Focus on China and Africa
Zeng, Douglas Zhihua - 2017
This study briefly summarizes the development experiences of special economic zones in China and Africa, the lessons … that Africa can learn from China, and the preliminary results of the Chinese investments in special economic zones in … Africa. The study makes recommendations on how to unleash the power of special economic zones and industrial zones in Africa …
Persistent link: https://www.econbiz.de/10012971883
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Private Chinese Investment in Africa : Myths and Realities
Shen, Xiaofang - 2017
challenges for Africa today. The significance of Chinese private-sector investment is already visible in the burgeoning … manufacturing sector in some parts of Africa, and the trend will continue to grow in the near future. The underlying force behind …-intensive firms to relocate to other parts of the developing world, including Africa. African host country governments can respond to …
Persistent link: https://www.econbiz.de/10012974708
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The 2014-16 Oil Price Collapse in Retrospect : Sources and Implications
Stocker, Marc - 2018
With the benefit of hindsight, this paper provides a fresh and comprehensive look at the causes of the 2014-16 collapse in oil prices and its impact on the global economy. It disentangles the contribution of supply and demand factors, assesses the impact on activity in oil exporters and oil...
Persistent link: https://www.econbiz.de/10012920304
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Efficiency and Equity Implications of Oil Windfalls in Brazil
Jorgensen, Ole Hagen - 2017
Large oil reserves off the coast of Brazil may substantially increase the country?s oil revenue in the future. A natural resource "curse" could be the consequence if an appropriate share of the oil revenue is not invested. This issue is addressed in this paper for Brazil both theoretically and...
Persistent link: https://www.econbiz.de/10012974014
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Political Economy of the Petroleum Sector in Nigeria
Gboyega, Alex - 2017
The relatively slow pace of Nigeria's development has often been attributed to the phenomenon of the resource curse whereby the nature of the state as a "rentier" dilutes accountability for development and political actors are able to manipulate institutions to sustain poor governance. The...
Persistent link: https://www.econbiz.de/10012975807
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Oil and the Propensity to Armed Struggle in the Niger Delta Region of Nigeria
Oyefusi, Aderoju - 2016
This paper attempts to explain the determinants of the propensity to armed struggle and the probability of participation by individuals in the Niger Delta region of Nigeria using primary (micro) data. While grievance appears to be pervasive among individuals and communities in the region and can...
Persistent link: https://www.econbiz.de/10012747782
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The Impact of Mining on Spatial Inequality Recent Evidence from Africa
Addison, Tony - 2017
This paper investigates the relationship between mining and spatial inequality in Africa during 2001-12. The … socioeconomic development in Africa …
Persistent link: https://www.econbiz.de/10012963654
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The Changing Structure of Africa's Economies
Diao, Xinshen - 2017
Data from the Groningen Growth and Development Center's Africa Sector Database and the Demographic and Health Surveys … reveals that much of Africa's recent growth and poverty reduction has been associated with a substantive decline in the share … shifts in employment shares for future growth and development in Africa south of the Sahara …
Persistent link: https://www.econbiz.de/10012964338