Mining in Africa

Are Local Communities Better Off?

Business & Finance, Economics, Sustainable Development, Industries & Professions, Industries
Cover of the book Mining in Africa by Punam Chuhan-Pole, Andrew L. Dabalen, Bryan Christopher Land, World Bank Publications
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Author: Punam Chuhan-Pole, Andrew L. Dabalen, Bryan Christopher Land ISBN: 9781464808203
Publisher: World Bank Publications Publication: February 14, 2017
Imprint: World Bank Publications Language: English
Author: Punam Chuhan-Pole, Andrew L. Dabalen, Bryan Christopher Land
ISBN: 9781464808203
Publisher: World Bank Publications
Publication: February 14, 2017
Imprint: World Bank Publications
Language: English
This study focuses on the local and regional impact of large-scale gold mining in Africa in the context of a mineral boom in the region since 2000. It contributes to filling a gap in the literature on the welfare effects of mineral resources, which, until now, has concentrated more on the national or macroeconomic impacts. Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries. Studies of this phenomenon, known as the “resource curse,†? examine the economy-wide consequences of mineral exports.1 Africa’s resource boom has lifted growth, but has been less successful in improving people’s welfare. Yet much of the focus in academic and policy circles has been on appropriate management of the macro-fiscal and governance risks that have historically undermined development outcomes. This study focuses instead on the fortune of local communities where resources are located. It aims to better inform public policy and corporate behavior on the welfare of communities in Africa in which the extraction of resources takes place.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This study focuses on the local and regional impact of large-scale gold mining in Africa in the context of a mineral boom in the region since 2000. It contributes to filling a gap in the literature on the welfare effects of mineral resources, which, until now, has concentrated more on the national or macroeconomic impacts. Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries. Studies of this phenomenon, known as the “resource curse,†? examine the economy-wide consequences of mineral exports.1 Africa’s resource boom has lifted growth, but has been less successful in improving people’s welfare. Yet much of the focus in academic and policy circles has been on appropriate management of the macro-fiscal and governance risks that have historically undermined development outcomes. This study focuses instead on the fortune of local communities where resources are located. It aims to better inform public policy and corporate behavior on the welfare of communities in Africa in which the extraction of resources takes place.

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