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.

Read review of the book in Mineral Economics

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