Book
Extractive Industries

The Management of Resources as a Driver of Sustainable Development

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 resource wealth can provide a means, when properly used, for poorer nations to decisively break with poverty by diversifying economies and funding development spending. Extractive Industries: The Management of Resources as a Driver of Sustainable Development explores the challenges and opportunities facing developing countries in using oil, gas, and mining to achieve inclusive change. 

While resource wealth can yield prosperity it can also, when mismanaged, cause acute social inequality, deep poverty, environmental damage, and political instability. There is a new determination to improve the benefits of extractive industries to their host countries, and to strengthen the sector's governance. Extractive Industries provides a comprehensive contribution to what must be done in this sector to deliver development, protect often fragile environments from damage, enhance the rights of affected communities, and support climate change action. It brings together international experts to offer ideas and recommendations in the main policy areas. With a breadth of collective insight and experience, it argues that more attention must be given to the development role of extractive industries, and looks to the future to explain how action on climate change will profoundly shape the sector's prospects.

Table of contents
  1. Part I: Overview
    1. Extractives for development: Introduction and ten main messages
    Tony Addison and Alan R. Roe
  2. Part II: Minerals and Oil and Gas in the Global Context
    2. Dependence on extractive industries in lower-income countries: The statistical tendencies
    Alan R. Roe and Samantha Dodd
    More Working Paper | Dependence on extractive industries in lower-income countries
  3. 3. Mining's contribution to low- and middle-income economies
    Magnus Ericsson and Olof Löf
    More Working Paper | Mining’s contribution to low- and middle-income economies
  4. 4. The role of oil and gas in the economic development of the global economy
    Paul Stevens
    More Working Paper | The role of oil and gas in the development of the global economy
  5. Part III: The Academic Literature and the Resources Curse
    5. The curse of the one-size-fits-all fix: Re-evaluating what we know about extractives and economic development
    Glada Lahn and Paul Stevens
    More Working Paper | The curse of the one-size-fits-all fix
  6. 6. Political economy and governance
    Evelyn Dietsche
    More Working Paper | Political economy and governance
  7. 7. New industrial policy and the extractive industries
    Evelyn Dietsche
    More Working Paper | New industrial policy and the extractive industries
  8. Part IV: Policy Challenges in the Macro-Management of Extractives
    8. The macroeconomic management of natural resources
    Mark Henstridge and Alan R. Roe
  9. 9. Extractive revenues and government spending: Short- versus long-term considerations
    Frederick van der Ploeg and Anthony J. Venables
    More Working Paper | Extractive revenues and government spending
  10. 10. The copper sector, fiscal rules, and stabilization funds in Chile: Scope and limits
    Andrés Solimano and Diego Calderón Guajardo
    More Working Paper | The copper sector, fiscal rules, and stabilization funds in Chile
  11. 11. Oil discovery and macroeconomic management: The recent Ghanaian experience
    Mahamudu Bawumia and Håvard Halland
    More Working Paper | Oil discovery and macroeconomic management
  12. Part V: National Institutions of Extractives Management
    12. The regulation of extractives: An overview
    Tony Addison and Alan R. Roe
  13. 13. Regulatory structures and challenges to developmental extractives: Some practical observations from Ghana
    Toni Aubynn
    More Working Paper | Regulatory structures and challenges to developmental extractives
  14. 14. The taxation of extractive industries: Mining
    James M. Otto
    More Working Paper | The taxation of extractive industries
  15. 15. Doubling down: National oil companies as instruments of risk and reward
    Patrick R.P. Heller
    More Working Paper | Doubling down
  16. 16. Protecting the environment during and after resource extraction
    Ruth Greenspan Bell
    More Working Paper | Protecting the environment during and after resource extraction
  17. 17. Enhancing sustainable development from oil, gas, and mining: From an 'all of government' approach to Partnerships for Development
    Kathryn McPhail
    More Working Paper | Enhancing sustainable development from oil, gas, and mining
  18. Part VI: International Regulatory Concerns and Structures
    18. Towards contribution analysis
    R. Anthony Hodge
    More Working Paper | Towards contribution analysis
  19. 19. The role of governance and international norms for managing natural resources
    James Cust
    More Working Paper | The role of governance and international norms in managing natural resources
  20. 20. Oil and gas companies and the management of social and environmental impacts and issues: The evolution of the industry's approach
    Kathryn Tomlinson
    More Working Paper | Oil and gas companies and the management of social and environmental impacts and issues
  21. 21. The role of gender in the extractive industries
    Catherine Macdonald
    More Working Paper | The role of gender in the extractives industries
  22. 22. Climate change and the extractives sector
    Tony Addison
  23. Part VII: Leveraging the Direct Impacts of Extractives Into Sustainable Development
    23. Framework: The channels for indirect impacts
    Alan R. Roe and Jeffery I. Round
    More Working Paper | Framework
  24. 24. Local content, supply chains, and shared infrastructure
    Olle Östensson
    More Working Paper | Local content, supply chains, and shared infrastructure
  25. 25. Downstream activities: The possibilities and the realities
    Olle Östensson and Anton Löf
    More Working Paper | Downstream activities
  26. 26. Choices for spending government revenue: New African oil, gas, and mining economies
    Sophie Witter and Maja Jakobsen
    More Working Paper | Choices for spending government revenue
  27. 27. Donor-supported approaches to improving extractives governance: Lessons from Nigeria
    Joanna Buckley, Neil McCulloch and Nick Travis
    More Working Paper | Donor-supported approaches to improving extractives governance
  28. Part VIII: Capturing Economic and Social Benefits at Community Level
    28. The role of participation in sustainable community development programmes in the extractives industries
    Catherine Macdonald
    More Working Paper | The role of participation in sustainable community development programmes in the extractives industries
  29. 29. Approaches to supporting local and community development: The view from Zambia
    Angel Mondoloka
    More Working Paper | Approaches to supporting local and community development
  30. 30. Approaches to supporting local and community development: Brazil and the Vale SA model of corporate interaction
    Liesel Filgueiras, Andreia Rabetim and Isabel Aché
    More Working Paper | Approaches to supporting local and community development
  31. 31. Capturing economic and social benefits at the community level: Opportunities and obstacles for civil society
    Keith Slack
    More Working Paper | Capturing economic and social benefits at the community level
  32. 32. How do we legislate for improved community development?
    James M. Otto
    More Working Paper | How do we legislate for improved community development?
  33. 33. Conclusions
    Tony Addison and Alan R. Roe
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