In recent years, Mozambique has made international headlines for the significant hydrocarbon deposits found offshore. These have increased the country’s extractive resource endowments, in addition to its mining and onshore natural gas sector. It is...
Originally posted by Oxford Policy Management The extractives sector, and the way it works, continues to change rapidly and its importance to many...
Tanzania is rich with natural resources, which have significant potential to contribute to the country’s economic development. Several laws recently passed in Tanzania are dedicated to establishing linkages between foreign firms in natural resource...
In common with several other low-income African economies, in recent years Mozambique has seen a significant expansion of interest and investment in its long-established extractives industries. Huge new gas finds in particular have led to...
Part of Book Extractive Industries
Part of Book Extractive Industries
Part of Book Extractive Industries
Part of Book Extractive Industries
The exploitation of natural resources is a huge opportunity, but one that carries considerable risks. Relative prices in resource-exporting economies tend to push them towards economic structures dominated by the resource sector. This paper explores...
Mozambique has seen a significant expansion of interest and investment in its extractive industries. New gas finds in the past ten years have led to expectations that these industries will contribute very significantly to the country’s future...
In the first part of this blog, Alan R. Roe writes about the difficulties governments face in predicting revenues from extractive industries. Read...
In the second part of this blog, Alan R. Roe discusses what is known about the informational failures that pose challenges for governments in...
Over the past decade significant hydrocarbon discoveries have been made across East Africa. Unsurprisingly, the respective governments countries have...
Industrial policy is back. Advocates for industrial policy argue that the important question is not whether such policies should be applied at all, but how to design and implement them. For the extractive industries this development poses a challenge...
Natural resources extraction inevitably imposes environmental injuries including diversion of scarce water away from pressing local needs, disruption of fragile ecosystems, and longer-range and often irreparable harm. These fall most forcefully on...
This paper is a sequel to an earlier paper that looked in broad terms at many of the issues that Mozambique faces today in managing its new extractive resources. The paper first describes the investment surge that has already been prompted by new gas...
Countries face both challenges and opportunities in using their extractive industries to achieve more inclusive development—particularly in the developing world. Yet while a large national income can result from resource wealth, it can also be...
We study Uganda’s journey to become a petroleum producer and provide estimates regarding the size and timing of the oil revenues to be expected. At an average US$38 per capita per year over a 33-year period, oil revenue by itself will not be...
At the end of last year, I filmed a lecture that will be part of a massive open online course (MOOC) on industrialization in Africa. The course is...
Apart from a ‘badly flawed’ national election, insecurity, and mass exodus of its young talents to the Global North (locally known as Japa), a...
Robust forecasting of mining sector revenues is key to effective budgeting (and broader fiscal management) in many resource-rich countries.However, this is challenging in practice, given commodity market volatility, the extended lags (and often...
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.New initiatives recognize that...
The transition to net zero over the next few decades will involve a large increase in the global demand for many metals essential to the renewables...
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