Working Paper
Extractive industries and development
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...
Research Brief
Potential benefits and pitfalls of extractives in Mozambique
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...
Book
Resurgent Asia
NOW IN PAPERBACK WITH REVISED PREFACE | Gunnar Myrdal published his magnum opus Asian Drama, in 1968, to conclude that Asia's development prospects were gloomy. Since then, contrary to Myrdal's expectations Asia has been transformed beyond...
Working Paper
Mozambique—bust before boom
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...
Book
Resurgent Asia
Gunnar Myrdal published his magnum opus Asian Drama, in 1968, to conclude that Asia's development prospects were gloomy. Since then, contrary to Myrdal's expectations Asia has been transformed beyond recognition, the development of nations and living...
Policy Brief
Resurgent Asia
In 1820, Asia accounted for two-thirds of world population and over half of world income. The subsequent decline of Asia was attributable to its integration with a world economy shaped by colonialism and driven by imperialism. By 1970, Asia was the...
Book
Economic Transformation and Income Distribution in China over Three Decades
It is arguable that the most important event in the world economy in recent decades has been the rise of China, from being on a par with sub-Sahara Africa at the start of economic reform to being an economic superpower today. That rise remains under...
Working Paper
Natural resources, institutions, and economic transformation in Mozambique
In the light of Mozambique’s natural resources boom—especially its large-scale investments in mining, oil, and gas—this paper analyses the prospects for the extractive industries to contribute to economic transformation from an institutional...