sharing in governance of extractive industries
After enjoying one of the greatest mining booms in its history, Zambia is now suffering. The price of copper has fallen by half in the last five years, resulting in the loss of thousands of jobs and the deterioration of government finances. The signs of an emerging middle class in the country are fading: the shopping malls, stadiums and 3-D cinemas built when copper prices and expectations for the future were high are increasingly empty.
This presents the…Continue
Hi all - I wanted to let you all know about a series of articles NRGI are writing on fall in commodity prices.
We and some of our partners are exploring the impact of low commodity prices across developing and emerging economies, as well as the solutions open to countries facing lowered investment, reduced government revenues, and increasing deficits. The series kicked off in February 2015, when the Financial…Continue