This study focuses on the local and regional impact of large-scale gold mining in Africa in the context of a mineral boom in the region since 2000. It contributes to filling a gap in the literature on the welfare effects of mineral resources, which, until now, has concentrated more on the national or macroeconomic impacts. Economists have long been intrigued by the paradox that a rich endowment of natural resources may retard economic performance, particularly in the case of mineral-exporting developing countries. Studies of this phenomenon, known as the “resource curse,” examine the economy-wide consequences of mineral exports.
Africa’s resource boom has lifted growth, but has been less successful in improving people’s welfare. Yet much of the focus in academic and policy circles has been on appropriate management of the macro-fiscal and governance risks that have historically undermined development outcomes. This study focuses instead on the fortune of local communities where resources are located. It aims to better inform public policy and corporate behavior on the welfare of communities in Africa in which the extraction of resources takes place.
on the same regionInstitutional documentpublished in December 2019Institutional documentpublished in November 2019Research documentpublished in November 2019Institutional documentpublished in October 2019Institutional documentpublished in October 2019Institutional documentpublished in October 2019
on the same topicVidéopublished in December 2019Institutional documentpublished in December 2019Research documentReaching Brazil's Nationally Determined Contributions: An Assessment of the Key Transitions in Final Demand and Employmentpublished in October 2019Vidéopublished in September 2019Vidéopublished in August 2019Research documentpublished in June 2019
from the same collectionResearch documentpublished in July 2019Research documentThe Skills Balancing Act in Sub-Saharan Africa: Investing in Skills for Productivity, Inclusivity, and Adaptabilitypublished in June 2019Research documentElectricity Access in Sub-Saharan Africa: Uptake, Reliability, and Complementary Factors for Economic Impactpublished in May 2019Research documentpublished in July 2018Research documentpublished in June 2018Research documentpublished in January 2017