Mining for Change Natural Resources and Industry in Africa

by Page, John; Tarp, Finn

• ISBN13: 9780191885914
• ISBN10: 0191885916
• Format: eBook
• Copyright: 2020-03-19
• Publisher: Oxford University Press

Summary

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

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.

Author Biography

John Page, Senior Fellow, Global Economy and Development, The Brookings Institution, USA,Finn Tarp, Professor of Development Economics, University of Copenhagen; and Non-Resident Senior Research Fellow, UNU-WIDER

John Page is a Senior Fellow in the Global Economy and Development Program at the Brookings Institution and a Non-resident Senior Fellow of the UNU World Institute for Development Economics Research (UNU-WIDER). He is also visiting professor at the National Graduate Institute for Policy Studies, Tokyo, Japan and a Research Associate of the Centre for the Study of African Economies at Oxford University. From 1980 to 2008 he was at the World Bank where his senior positions included: Director, Poverty Reduction, Director, Economic Policy, and Chief Economist, Africa. He is the author of several books and more than 100 published papers on economic development.

Finn Tarp is Professor at the University of Copenhagen (UCPH) and Coordinator of the UCPH Development Economics Research Group (DERG). Director of UNU-WIDER from 2009 to 2018, and now a Non-Resident Senior Fellow of UNU-WIDER. Professor Tarp is a leading international expert on development strategy and foreign aid, with an interest in poverty, income distribution and growth, micro- and macroeconomic policy and modelling, agricultural sector policy and planning, household/enterprise development, and economic adjustment and reform as well as climate change, sustainability, and natural resources. He has published widely in leading economics and development journals and books by international academic publishers.

Table of Contents

1. Overview, John Page and Finn Tarp
Part I: Framing the Issues
2. Understanding the boom, Mark Henstridge
3. The construction sector in developing countries: some key issues, Martina Kirchberger
4. Rowing against the current: economic diversification in Africa, John Page
Part II: Country Studies
5. The boom, the bust, and the dynamics of oil resource management in Ghana, Ernest Aryeetey and Ishmael Ackah
6. The construction sector in Ghana, Nkechi Srodah Owoo and Monica P. Lambon-Quayefio
7. Local content law and practice: the case of Ghana, Charles Godfred Ackah and Asaah S. Mohammed
8. Mozambique-bust before boom: reflections on investment surges and new gas, Alan R. Roe
9. The construction sector in Mozambique, Antonio S. Cruz, Francisco Fernandes, Fausto J. Mafambissa, and Francisco Pereira
10. Local content and the prospects for economic diversification in Mozambique, Evelyn Dietsche and Ana Maria Esteves
11. Gas in Tanzania: adapting to new realities, Mark Henstridge
12. The construction sector in Tanzania, Geraldine J. Kikwasi and Cecilia Escalante
13. Local content: are there benefits for Tanzania?, Mia Ellis and Margaret McMillan
14. Uganda's oil: how much, when, and how will it be governed?, Sebastian Wolf and Vishal Aditya Potluri
15. Construction and public procurement in Uganda, Emanuele Colonnelli and Nicole Ntungire
16. Enhancing local content in Uganda, Ritwika Sen
17. The boom-bust cycle of global copper prices, structural change and industrial development in Zambia, Robert Liebenthal and Caesar Cheelo
18. The construction sector in Zambia, Caesar Cheelo and Robert Liebenthal
19. Local content in Zambia-a faltering experience?, Wilfred C. Lombe
Part III: Policy Implications
20. Implications for public policy, John Page and Finn Tarp