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dc.contributor.editorPage, John
dc.contributor.editorTarp, Finn
dc.date.accessioned2020-06-24T10:19:44Z
dc.date.available2020-06-24T10:19:44Z
dc.date.issued2020
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/39885
dc.description.abstractFor a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. In Africa, 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. In resource-producing economies, relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Economic structure matters for at least two reasons. First, countries whose exports are highly concentrated are vulnerable to declining prices and volatility. Second, economic diversification matters for long-term growth. This book 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 chapters on managing the boom, the construction sector, and linking industry to the resource—three major issues that frame the question of how to use natural resources for structural change. It then reports the main research results for five countries—Ghana, Mozambique, Uganda, Tanzania, and Zambia. Each country study covers the same three themes—managing the boom, the construction sector, and linking industry to the resource. One message that clearly emerges is that good policy can make a difference. A concluding chapter sets out some ideas for policy change in each of the areas that guided the research, and then goes on to propose some ideas for widening the options for structural change.en_US
dc.languageEnglishen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KC Economicsen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economiesen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNB Energy industries and utilitiesen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KN Industry and industrial studies::KNA Agribusiness and primary industries::KNAT Extractive industriesen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCV Economics of specific sectors::KCVG Environmental economicsen_US
dc.subject.otherAfricaen_US
dc.subject.othernatural resourcesen_US
dc.subject.otheroilen_US
dc.subject.othergasen_US
dc.subject.otherminingen_US
dc.subject.otherresource-abundant economiesen_US
dc.subject.othereconomic diversificationen_US
dc.subject.otherstructural changeen_US
dc.subject.otherlong-term growthen_US
dc.titleMining for Changeen_US
dc.title.alternativeNatural Resources and Industry in Africaen_US
dc.typebook
oapen.identifier.doi10.1093/oso/9780198851172.001.0001en_US
oapen.relation.isPublishedByb9501915-cdee-4f2a-8030-9c0b187854b2en_US
oapen.relation.isFundedByc9be6ad3-6692-452d-a1f3-a3e6c74f0fe2en_US
oapen.pages512en_US
oapen.place.publicationOxforden_US


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