Research Catalog

Title

Boom, bust, or prosperity : managing Sub-Saharan Africa's natural resource wealth / Charlotte Lundgren, Alun H. Thomas, and Robert York.

Author

Lundgren, Charlotte J.

Publication

[Washington, D.C.] : International Monetary Fund, c2013.

Items in the Library & Off-site

Details

Additional Authors

• York, Robert
• Thomas, Alun H. (Alun Huw)

Description

vii, 75 pages : ill. (some col.); 28 cm.

Summary

Sizable 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 proved 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.

Series Statement

African Department

Uniform Title

International Monetary Fund. African Department (Series)

Subject

• Economic development > Africa, Sub-Saharan
• Natural resources > Africa, Sub-Saharan

Bibliography (note)

• Includes bibliographical references (pages 73-75).

Additional Formats (note)

• Also issued online.

Processing Action (note)

• committed to retain

ISBN

• 9781484369326
• 1484369327

OCLC

• 861524390
• SCSB-11535100

Owning Institutions

Harvard Library