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  • Mining for Change: Natural Resources and Industry in Africa

    Mining for Change by Page, John; Tarp, Finn;

    Natural Resources and Industry in Africa

    Series: WIDER Studies in Development Economics;

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      • Publisher's listprice GBP 125.00
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    Product details:

    • Publisher OUP Oxford
    • Date of Publication 13 February 2020

    • ISBN 9780198851172
    • Binding Hardback
    • No. of pages514 pages
    • Size 231x160x32 mm
    • Weight 884 g
    • Language English
    • 12

    Categories

    Short description:

    For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. This book presents research on how to better manage the revenues and opportunities associated with natural resources.

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    Long description:

    For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change.

    Mining for Change: Natural Resources and Industry in Africa presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with essays on managing the boom, the construction sector, and linking industry to the major issues that frame the question of how to use natural resources for structural change. It reports the main research results for five countries-Ghana, Mozambique, Uganda, Tanzania and Zambia. Each country study covers managing the boom, the construction sector, and linking industry to the resource. Mining for Change argues that good policy can make a difference and sets out ideas for policy change and widening the options for structural change.

    . An open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence.

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    Table of Contents:

    Overview
    Part I: Framing the Issues
    Understanding the boom
    The construction sector in developing countries: some key issues
    Rowing against the current: economic diversification in Africa
    Part II: Country Studies
    The boom, the bust, and the dynamics of oil resource management in Ghana
    The construction sector in Ghana
    Local content law and practice: the case of Ghana
    Mozambique-bust before boom: reflections on investment surges and new gas
    The construction sector in Mozambique
    Local content and the prospects for economic diversification in Mozambique
    Gas in Tanzania: adapting to new realities
    The construction sector in Tanzania
    Local content: are there benefits for Tanzania?
    Uganda's oil: how much, when, and how will it be governed?
    Construction and public procurement in Uganda
    Enhancing local content in Uganda
    The boom-bust cycle of global copper prices, structural change and industrial development in Zambia
    The construction sector in Zambia
    Local content in Zambia-a faltering experience?
    Part III: Policy Implications
    Implications for public policy

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