From Natural Resource Dependence to Diversified Economies: An Agenda for Future Research

Image: Wikimedia Commons
Image: Wikimedia Commons

This policy note aims to outline potential future directions for research on natural resource governance in Africa, with specific focus on the extraction of minerals and hydrocarbons.

These are non-renewable resources, which tend to provide windfall revenues to governments for as long as they are economically viable to extract. Serious questions arise about how governments absorb the windfall in the short term, and what they do in the longer term to diversify their economies to ensure sustainable benefit from the resources beyond their depletion. It concludes by suggesting an agenda for future research, particularly focused on policies that are likely to help nudge countries towards more inclusive and sustainable growth paths.

29 Jan 2015
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Research by
Series
SAIIA Policy Insights No 5, December 2014
SAIIA Programme
Governance of Africa’s Resources
Tags
Diversification, PolInsight05, Ross Harvey, sustainable development
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