This paper compares and contrasts the economic situation in Tanzania during the resurgence of gold and diamond production after 1999, with the situation that is now emerging as the country begins to exploit very large resources of natural gas mainly from the Indian Ocean. The mining boom after...

This paper extends UNU-WIDER Working Paper 2016/79, which examined the economic situation in Tanzania during the resurgence of gold and diamond production after 1999, with the situation that emerged as the country began to exploit its very large resources of natural gas mainly from the Indian...

Recent supply security concerns in Europe have revived interest into the natural gas market. Here, we investigate investment behavior and trade in an imperfect market structure under uncertainty in both supply and demand. We focus on three uncertain events: i) transit of Russian gas via Ukraine...