Description

Exploitation of natural resources has dominated economic activity in Africa but the benefits have accrued only to a privileged few. The continent’s most common strategy of exporting commodities in their raw (non-valued added) form has led to disappointing results, reflected in unsustainable and non-inclusive economic growth, marginal improvements in the well-being of the population, and low levels of economic diversification and transformation. This edition examines efforts to improve the governance of Africa’s abundant natural resources, emphasising the need to strengthen natural resource governance institutions and frameworks to enhance domestic revenue, the promotion of economic diversification, and structural transformation.

African Governance Report V - 2018: Natural Resource Governance and Domestic Revenue Mobilization for Structural Transformation

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Paperback / softback by United Nations Economic Commission for Africa

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Exploitation of natural resources has dominated economic activity in Africa but the benefits have accrued only to a privileged few.... Read more

    Publisher: United Nations
    Publication Date: 30/06/2019
    ISBN13: 9789211251333, 978-9211251333
    ISBN10: 9211251338

    Number of Pages: 132

    Non Fiction , Earth Sciences, Geography & Environment , Education

    Description

    Exploitation of natural resources has dominated economic activity in Africa but the benefits have accrued only to a privileged few. The continent’s most common strategy of exporting commodities in their raw (non-valued added) form has led to disappointing results, reflected in unsustainable and non-inclusive economic growth, marginal improvements in the well-being of the population, and low levels of economic diversification and transformation. This edition examines efforts to improve the governance of Africa’s abundant natural resources, emphasising the need to strengthen natural resource governance institutions and frameworks to enhance domestic revenue, the promotion of economic diversification, and structural transformation.

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