Extractive Industries
The Management of Resources as a Driver of Sustainable Development
Series: WIDER Studies in Development Economics;
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Product details:
- Publisher OUP Oxford
- Date of Publication 5 October 2018
- ISBN 9780198817369
- Binding Hardback
- No. of pages766 pages
- Size 242x166x46 mm
- Weight 1282 g
- Language English 0
Categories
Short description:
This book is about the challenges and opportunities facing developing countries in using their extractive industries to achieve inclusive and sustainable development. It recognizes explicitly the greatly increased importance of mining, oil, and gas in many lower income countries.
MoreLong description:
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. New initiatives recognize that resource wealth can provide a means, when properly used, for poorer nations to decisively break with poverty by diversifying economies and funding development spending. Extractive Industries: The Management of Resources as a Driver of Sustainable Development explores the challenges and opportunities facing developing countries in using oil, gas, and mining to achieve inclusive change.
While resource wealth can yield prosperity it can also, when mismanaged, cause acute social inequality, deep poverty, environmental damage, and political instability. There is a new determination to improve the benefits of extractive industries to their host countries, and to strengthen the sector's governance. Extractive Industries provides a comprehensive contribution to what must be done in this sector to deliver development, protect often fragile environments from damage, enhance the rights of affected communities, and support climate change action. It brings together international experts to offer ideas and recommendations in the main policy areas. With a breadth of collective insight and experience, it argues that more attention must be given to the development role of extractive industries, and looks to the future to explain how action on climate change will profoundly shape the sector's prospects.
...many of these papers are likely to contribute fruitfully to the future discussion on resource management policies in developing countries. Policymakers, practitioners, and academics are all likely to find food for thought on these issues in this book.
Table of Contents:
Part I: Overview
Extractives for development: introduction and ten main messages
Part II: Minerals and Oil and Gas in the Global Context
Dependence on extractive industries in lower-income countries: the statistical tendencies
Mining's contribution to low- and middle-income economies
The role of oil and gas in the economic development of the global economy
Part III: The Academic Literature and the Resources Curse
The curse of the one-size-fits-all fix: re-evaluating what we know about extractives and economic development
Political economy and governance
New industrial policy and the extractive industries
Part IV: Policy Challenges in the Macro-Management of Extractives
The macroeconomic management of natural resources
Extractive revenues and government spending: short- versus long-term considerations
The copper sector, fiscal rules, and stabilization funds in Chile: scope and limits
Oil discovery and macroeconomic management: The recent Ghanaian experience
Part V: National Institutions of Extractives Management
The regulation of extractives: an overview
Regulatory structures and challenges to developmental extractives: Some practical observations from Ghana
The taxation of extractive industries: mining
Doubling down: national oil companies as instruments of risk and reward
Protecting the environment during and after resource extraction
Enhancing sustainable development from oil, gas, and mining: from an 'all of government' approach to Partnerships for Development
Part VI: International Regulatory Concerns and Structures
Towards contribution analysis
The role of governance and international norms for managing natural resources
Oil and gas companies and the management of social and environmental impacts and issues: the evolution of the industry's approach
The role of gender in the extractive industries
Climate change and the extractives sector
Part VII: Leveraging the Direct Impacts of Extractives Into Sustainable Development
Framework: the channels for indirect impacts
Local content, supply chains, and shared infrastructure
Downstream activities: the possibilities and the realities
Choices for spending government revenue: new African oil, gas, and mining economies
Donor-supported approaches to improving extractives governance: lessons from Nigeria
Part VIII: Capturing Economic and Social Benefits at Community Level
The role of participation in sustainable community development programmes in the extractives industries
Approaches to supporting local and community development: the view from Zambia
Approaches to supporting local and community development: Brazil and the Vale SA model of corporate interaction
Capturing economic and social benefits at the community level: opportunities and obstacles for civil society
How do we legislate for improved community development?
Conclusions
