ISBN : 9780198851172
For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. Countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. For these resource producing economies relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Mining for Change: Natural Resources and Industry in Africa presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with essays on managing the boom, the construction sector, and linking industry to the major issues that frame the question of how to use natural resources for structural change. It reports the main research results for five countries-Ghana, Mozambique, Uganda, Tanzania and Zambia. Each country study covers managing the boom, the construction sector, and linking industry to the resource. Mining for Change argues that good policy can make a difference and sets out ideas for policy change and widening the options for structural change.
1 John Page and Finn Tarp: Overview
Part I: Framing the Issues
2 Mark Henstridge: Understanding the boom
3 Martina Kirchberger: The construction sector in developing countries: some key issues
4 John Page: Rowing against the current: economic diversification in Africa
Part II: Country Studies
5 Ernest Aryeetey and Ishmael Ackah: The boom, the bust, and the dynamics of oil resource management in Ghana
6 Nkechi Srodah Owoo and Monica P. Lambon-Quayefio: The construction sector in Ghana
7 Charles Godfred Ackah and Asaah S. Mohammed: Local content law and practice: the case of Ghana
8 Alan R. Roe: Mozambique-bust before boom: reflections on investment surges and new gas
9 Antonio S. Cruz, Francisco Fernandes, Fausto J. Mafambissa, and Francisco Pereira: The construction sector in Mozambique
10 Evelyn Dietsche and Ana Maria Esteves: Local content and the prospects for economic diversification in Mozambique
11 Mark Henstridge: Gas in Tanzania: adapting to new realities
12 Geraldine J. Kikwasi and Cecilia Escalante: The construction sector in Tanzania
13 Mia Ellis and Margaret McMillan: Local content: are there benefits for Tanzania?
14 Sebastian Wolf and Vishal Aditya Potluri: Uganda's oil: how much, when, and how will it be governed?
15 Emanuele Colonnelli and Nicole Ntungire: Construction and public procurement in Uganda
16 Ritwika Sen: Enhancing local content in Uganda
17 Robert Liebenthal and Caesar Cheelo: The boom-bust cycle of global copper prices, structural change and industrial development in Zambia
18 Caesar Cheelo and Robert Liebenthal: The construction sector in Zambia
19 Wilfred C. Lombe: Local content in Zambia-a faltering experience?
Part III: Policy Implications
20 John Page and Finn Tarp: Implications for public policy