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By Charlotte J. Lundgren,Alun H. Thomas,Robert C. York,International Monetary Fund

tremendous usual source endowments and probably huge monetary inflows from their extraction supply an unheard of chance for monetary progress and improvement in more and more sub-Saharan African nations. Empirical facts indicates, even though, that translating this source wealth into more advantageous fiscal functionality and a better way of life has confirmed difficult. a lot has been written concerning the source curse. This book makes a speciality of strategies to the demanding situations and descriptions the most coverage issues and concepts in dealing with traditional source wealth, drawing on event inside and outdoors sub-Saharan Africa and referring heavily to the newest research and coverage suggestion during this region by way of the IMF, the area financial institution, and top educational study. A key function of every bankruptcy is a urged interpreting record in the event you want extra, extra in-depth fabric on those matters to additional tell policymakers and different stakeholders at the theoretical and analytical underpinnings of the coverage advice.

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Boom, Bust, or Prosperity? Managing Sub-Saharan Africa’s Natural Resource Wealth by Charlotte J. Lundgren,Alun H. Thomas,Robert C. York,International Monetary Fund


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