sharing in governance of extractive industries
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Posted on February 8, 2017 at 1:26 0 Comments 0 Favorites
Offshore oil and rig platform. Photo: © curraheeshutter / Shutterstock.
Countries with large nonrenewable resources can benefit significantly from them, but reliance on revenues from these sources poses major challenges for policy makers. If you are a senior ministry of finance official in a resource-rich country, what are the challenges that you would face and…
Posted on September 23, 2014 at 0:23 2 Comments 1 Favorite
In Africa, estimates indicate that an annual investment of $93 billion is required to address the continent’s basic infrastructure needs – more than double the current level of investment.
The lack of productive investment of resource revenues, with spending of these revenues often heavily tilted towards…
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