Data/hora: 11/06/2024 14:38:12

Provedor de dados: | 31
País: | United States
Título: | Asian-driven Resource Booms in Africa: Rethinking the Impacts on Development
Autores: | Breisinger,   Clemens; Thurlow,   James.
Data: | 2008-08-14
Ano: | 2008
Palavras-chave: | Dutch disease; Resource booms; Privatization; Income distribution; Africa; Zambia; International Relations/Trade; Resource /Energy Economics and Policy.
Resumo: | Today’s resource boom in Africa, driven by Asian economic growth, offers new opportunities for resource-rich African countries. Contrary to the experience of previous booms, however, most mining profits now accrue to foreign companies, leaving little room for governments to use revenues for pro-poor investments or to mitigate adverse distributional impacts. Taking Zambia as a case study, this paper shows that despite privatization, Dutch disease remains a valid concern and may hamper economic diversification, worsen income distribution, and undermine poverty reduction strategies. Mining royalties must, therefore, be increased and used to finance growth-inducing investments that encourage pro-poor economic diversification, else many African countries will remain caught in a resource trap.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/42351

Relação:

International Food Policy Research Center&gt;IFPRI Discussion Papers

IFPRI Discussion Paper

00747

Formato: | 36