1.

Record Nr.

UNINA9910151745503321

Autore

Lundgren Charlotte

Titolo

Boom, Bust or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth / / Charlotte Lundgren, Alun Thomas, Robert York

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4755-7941-1

1-4843-8594-2

Descrizione fisica

1 online resource (91 p.)

Altri autori (Persone)

ThomasAlun

YorkRobert

Soggetti

Agricultural and Natural Resource Economics

Environmental and Ecological Economics: General

Environmental management

Expenditure

Expenditures, Public

Fiscal Policy

Fiscal policy

Fiscal stance

Macroeconomics

National Government Expenditures and Related Policies: General

National Government Expenditures and Related Policies: Infrastructures

Natural Resources

Natural resources

Other Public Investment and Capital Stock

Public finance & taxation

Public Finance

Public investment and public-private partnerships (PPP)

Public investment spending

Public investments

Public-private sector cooperation

Congo, Democratic Republic of the

Lingua di pubblicazione

Portoghese

Formato

Materiale a stampa

Livello bibliografico

Monografia



Sommario/riassunto

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.