New Frontiers in Natural Resources Management in Africa

New Frontiers in Natural Resources Management in Africa PDF

Author: Elias T. Ayuk

Publisher: Springer

Published: 2019-06-07

Total Pages: 142

ISBN-13: 3030118576

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This book discusses policy strategies for the effective management of natural resources in Africa within the context of the United Nations’ Sustainable Development Goals (SDG). While natural resource wealth has the potential to lift many out of poverty, sustain economic growth, and foster political stability, it does not guarantee these benefits. The absolute levels of human development in many resource-rich countries remain low, despite their apparent wealth. The challenge is to adopt policies that better harness the potential of natural resources, not only as an opportunity for development, but also to foster policies and institutional innovations that manage resource wealth equitably and boost human capital. To this end, this volume highlights key opportunities and solutions for harnessing natural resources for sustained economic development and explain how such approaches should be incorporated into the SDG agenda. These opportunities are communicated in the form of policy recommendations that in some cases, are country specific but can (and should) be adapted by individual African countries where applicable. With a broad perspective supplied by a diverse group of authors, this book will be useful for graduate students and academicians studying Africa, development economics, economic policy, and resource management, as well as policy makers, NGOs, and IGOs.

Governing Natural Resources for Africa’s Development

Governing Natural Resources for Africa’s Development PDF

Author: Hany Gamil Besada

Publisher: Routledge

Published: 2016-09-13

Total Pages: 301

ISBN-13: 1315514230

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Bringing together some of the world’s leading thinkers and policy experts in the area of natural resource governance and management in Africa, this volume addresses the most critical policy issues affecting the continent’s ability to manage and govern its precious resources. The narrative of the book is solutions-driven, as experts weigh on specific issues within the context of Africa’s natural resource governance and offer appropriate policy recommendations on how to best manage the continent’s resources. This is a must-read for government policy makers in industrialized economies and, more importantly, in Africa and emerging economies, as well as for academic researchers working in the field, extractive companies operating on the continent, extractive industry and trade associations, and multilateral and donor aid institutions.

Natural Resource Investment and Africa's Development

Natural Resource Investment and Africa's Development PDF

Author: Francis N. Botchway

Publisher: Edward Elgar Publishing

Published: 2011-01-01

Total Pages: 545

ISBN-13: 0857930400

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'This book makes a significant contribution to the literature on natural resource law and governance by engaging specifically with the issues arising in the African region. It covers a wide spectrum of issues that are key to the sustainable use of natural resources in the region, thus making it an important resource for anyone interested in natural resource governance and economic development in the African region.' – Philippe Cullet, University of London, UK This well-researched book covers a wide spectrum of important issues that are central to investment in natural resources and ultimately, economic development of Africa. Francis Botchway and the expert contributors analyse the relationships between good governance and resource management, as well as the existing commercial and financial agreements. The environmental implication of resource exploitation and the international dimensions of the industry are also explored in this insightful study. Each comprehensive and concise contribution highlights the importance of transparency and equity in investment and management of natural resources. Natural Resource Investment and Africa's Development is essential material for scholars and students of development, environmental law, international economic law and dispute resolution, as well as any international investor in natural resources.

Addressing the Natural Resource Curse

Addressing the Natural Resource Curse PDF

Author: Mr.Arvind Subramanian

Publisher: International Monetary Fund

Published: 2003-07-01

Total Pages: 47

ISBN-13: 1451856067

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Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste and poor institutional quality stemming from oil appear to have been primarily responsible for Nigeria's poor long-run economic performance. We propose a solution for addressing this resource curse which involves directly distributing the oil revenues to the public. Even with all the difficulties that will no doubt plague its actual implementation, our proposal will, at the least, be vastly superior to the status quo. At best, however, it could fundamentally improve the quality of public institutions and, as a result, durably raise long-run growth performance.

New Frontiers in Natural Resources Management in Africa

New Frontiers in Natural Resources Management in Africa PDF

Author: Elias T. Ayuk

Publisher:

Published: 2019

Total Pages: 142

ISBN-13: 9783030118587

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This book discusses policy strategies for the effective management of natural resources in Africa within the context of the United Nations' Sustainable Development Goals (SDG). While natural resource wealth has the potential to lift many out of poverty, sustain economic growth, and foster political stability, it does not guarantee these benefits. The absolute levels of human development in many resource-rich countries remain low, despite their apparent wealth. The challenge is to adopt policies that better harness the potential of natural resources, not only as an opportunity for development, but also to foster policies and institutional innovations that manage resource wealth equitably and boost human capital. To this end, this volume highlights key opportunities and solutions for harnessing natural resources for sustained economic development and explain how such approaches should be incorporated into the SDG agenda. These opportunities are communicated in the form of policy recommendations that in some cases, are country specific but can (and should) be adapted by individual African countries where applicable. With a broad perspective supplied by a diverse group of authors, this book will be useful for graduate students and academicians studying Africa, development economics, economic policy, and resource management, as well as policy makers, NGOs, and IGOs.

Natural Resource Sovereignty and the Right to Development in Africa

Natural Resource Sovereignty and the Right to Development in Africa PDF

Author: Carol Chi Ngang

Publisher: Taylor & Francis

Published: 2021-08-25

Total Pages: 329

ISBN-13: 1000433730

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This book explores the nexus between natural resources ownership and the right to development in Africa. The right to sovereignty over natural resources and the right to development are recognised and protected in an extensive framework of international, regional and domestic instruments. They guarantee people's entitlement to fully and freely utilise their natural resources as a means of subsistence and for economic, social and cultural development. Yet, despite the abundance of natural resources in Africa a majority of the people on the continent remain largely impoverished. This book articulates the central argument that to achieve the right to development in Africa requires appropriate governance of the continent’s natural resources to which the people of Africa are guaranteed sovereign ownership. With case study illustrations from Zimbabwe, Ghana, Ethiopia and the Democratic Republic of Congo, chapters explore the normative measures, specific guarantees and community entitlements to natural resources for the realisation of the right to development. The book will be an invaluable guide to scholars and postgraduate students of Natural Resources, Development and African studies as well as policymakers and practitioners in these areas.

Promoting Green Economy

Promoting Green Economy PDF

Author: Ayuk, Elias T.

Publisher: United Nations University Institute for Natural Resourc

Published: 2017-02-03

Total Pages: 282

ISBN-13: 9988633092

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Most African national economies depend on the exploitation of both renewable and non-renewable natural resources for development. Conventional and unconventional exploitation of natural resources has left negative carbon footprints. This has also degraded hotspots across the African continent, impacting negatively on people and the environment. A Green Economy offers the continent the opportunity to achieve sustained economic development devoid of environmental degradation and inefficient utilisation of natural resources. This book, Promoting Green Economy, explores issues affecting the socio-economic development of the continent and focuses on Africa’s need for a green economy. With chapters written by seasoned authors from academia and industry across the continent, the book examines the challenges of sustainable management of Africa’s natural resources and recommends the need for the continent to transit towards green economy as this can provide opportunities for minimising environmental footprints of all economic activities. The book calls on the commitment of the public and private sectors to the development of appropriate green economy policies and regulatory frameworks to promote inclusive growth.

Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth

Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth PDF

Author: Charlotte J. Lundgren

Publisher: International Monetary Fund

Published: 2013-08-27

Total Pages: 85

ISBN-13: 1484369327

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Sizeable natural resource endowments and potentially large financial inflows from their extraction provide an unparalleled opportunity for economic growth and development in a growing number of sub-Saharan African countries. Empirical evidence suggests, however, that translating this resource wealth into stronger economic performance and a higher standard of living has proven challenging. Much has been written about the resource curse. This publication focuses on solutions to the challenges and outlines the main policy considerations and options in managing natural resource wealth, drawing on experience within and outside sub-Saharan Africa and referring closely to the latest analysis and policy advice in this area by the IMF, the World Bank, and leading academic research. A key feature of each chapter is a recommended reading list for those who wish additional, more in-depth material on these issues to further inform policymakers and other stakeholders on the theoretical and analytical underpinnings of the policy advice.

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