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Publications (3)
– Will local content do the trick?
Extractives and interlinked industries are expecting a boom in Mozambique. This could be good news for the country’s economy, in theory. But can extractives really work as a driver to diversify the Mozambican economy? It is unlikely that the extractives sector can any time soon be used to finance...
Policy Brief
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Growth, poverty reduction, and social peace are all undermined when public expenditure management and taxation are weak and when the fiscal deficit and public debt are not managed successfully. And large-scale aid and debt relief cannot work without a good fiscal system. The macroeconomic frameworks...
– How can natural resources support inclusive growth in Africa
For a growing number of countries in Africa the discovery of natural resources is a great opportunity, but one accompanied by considerable risks. There is an extensive literature linking natural resource dependence to poor economic performance. One cause is that resource-abundant economies tend to...
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