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Extractive Industries: The Management of Resources as a Driver of Sustainable Development

Tony Addison and Alan Roe

Abstract

This book is about the challenges and opportunities facing developing countries in using their extractive industries (oil and gas and mining) to achieve inclusive and sustainable development. While resource wealth can yield prosperity, it can also cause acute social inequality, deep poverty, environmental damage, and political instability. There is a new determination to improve the benefits of extractive industries to their host countries, and to strengthen the sector’s governance. The book provides a comprehensive contribution to a debate on what must be done for the extractive industries to ... More

Keywords: extractive industries, sustainable development, inequality, poverty, governance, climate change, development

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780198817369
Published to Oxford Scholarship Online: November 2018 DOI:10.1093/oso/9780198817369.001.0001

Authors

Affiliations are at time of print publication.

Tony Addison, editor
Chief Economist and Deputy Director, UNU-WIDER, Helsinki, Finland

Alan Roe, editor
Non-Resident Senior Research Fellow, UNU-WIDER, Helsinki, Finland

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Contents

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Part I Overview

1 Extractives for Development

Tony Addison and Alan Roe

Part II Minerals and Oil and Gas in the Global Context

Part III The Academic Literature and the Resources Curse

5 The Curse of the One-size-fits-all Fix

Glada Lahn and Paul Stevens

Part IV Policy Challenges in the Macro-management of Extractives

9 Extractive Revenues and Government Spending

Frederick van der Ploeg and Anthony J. Venables

10 The Copper Sector, Fiscal Rules, and Stabilization Funds in Chile

Andres Solimano and Diego Calderón Guajardo

11 Oil Discovery and Macroeconomic Management

Mahamudu Bawumia and Håvard Halland

Part V National Institutions of Extractives Management

12 The Regulation of Extractives

Tony Addison and Alan Roe

15 Doubling Down

Patrick R. P. Heller

Part VI International Regulatory Concerns and Structures

Part VII Leveraging the Direct Impacts of Extractives into Sustainable Development

23 Framework

Alan Roe and Jeffery Round

25 Downstream Activities

Olle Östensson and Anton Löf

26 Choices for Spending Government Revenue

Sophie Witter and Maja Jakobsen

27 Donor-supported Approaches to Improving Extractives Governance

Joanna Buckley, Neil McCulloch, and Nicholas Travis

Part VIII Capturing Economic and Social Benefits at Community Level

30 Approaches to Supporting Local and Community Development

Liesel Mack Filgueiras, Andreia Rabetim, and Isabel Aché Pillar

33 Conclusions

Tony Addison and Alan Roe

End Matter