Majority State Ownership of Oil and Mining Sectors in Africa: The Resource Curse Undermined shows that countries in sub-Saharan Africa with majority state ownership of their major oil or mineral export sectors suffered from more severe versions of the natural resource curse than other similar countries. Examining natural resource exporting nations in sub-Saharan Africa between 1966 to 2000, Quinn shows that on average, states with majority state ownership of these sectors featured lower growth, lower incomes, declining alternative export sectors, more debt, lower levels of investment, lower levels of political and civil rights, and more domestic conflict than other similar countries. These results remained fairly consistent across both cross-country data, as well as in paired case studies. One surprise finding is that these countries either had depreciating currencies, or did not feature high levels of currency appreciation, on average, which is inconsistent with resource curse literature predictions. Rather, most countries with majority state ownership had high levels of currency overvaluation – which operated in a similar manner as currency appreciation. This work should appeal to students and faculty interested in the political economy of development, the natural resource curse, and African development, as well as politicians, policy makers, and NGO workers working in these areas. The strong recommendation of the book is that governments should control 50% or less of these sectors.

Global Geopolitical Power and African Political and Economic Institutions: When Elephants Fight describes the emergence and nature of the prevailing African political and economic institutions in two periods. In the first, most countries adopted political and economic institutions that funneled significant levels of political and economic power to the political elites, usually through one- or no-party (military) political systems, inward-oriented development policies, and/ or state-led—and often state-owned—industrialization. In the second period, most countries adopted institutions that diluted the overarching political and economic power of ruling elites through the adoption of de jure multiparty electoral systems, more outward-oriented trade policies, and the privatization of many state owned or controlled sectors, though significant political and economic power remains in their hands. The choices made in each period were consistent with prevailing ideas on governance and development, the self-interests of political elites, and the perceived availability of support or autonomy vis-à-vis domestic, regional, and international sources of power at the time. This book illustrates how these two region-wide shifts in prevailing political and economic institutions and practices of Africa can be linked to two prior global geopolitical realignments: the end of WWII with the ensuing American and Soviet led bipolar system, and the end of the Cold War with American primacy. Each period featured changed or newly empowered international and regional leaders with competing national priorities within new intellectual and geopolitical climates, altering the opportunities and constraints for African leaders in instituting or maintaining particular political and economic institutions or practices. The economic and political institutions of Africa that emerged did so as a result of a complex mix of contending domestic, regional, and international forces (material and intellectual)—all which were themselves greatly transformed in the wake of these two global geopolitical realignments.

- Minerals Yearbook, 2014, V. 3: Area Reports: International: Asia and the Pacific. Volume III, Area Reports: International, is published as four separate reports. These regional reports contain the latest available minerals data on more than 180 foreign countries and discuss the importance of minerals to the economies of these nations and the United States. Each report begins with an overview of the region's mineral industries during the year. It continues with individual country chapters that examine the mining, refining, processing, and use of minerals in each country of the region and how each country's mineral industry relates to U.S. industry. Most chapters include production tables and industry structure tables, information about Government policies and programs that affect the country's mineral industry, and an outlook section.

Over the past four decades, policy makers and stakeholders have struggled with the challenge of promoting industrial development in low and middle-income economies in general, and in sub-Saharan African (SSA) in particular. With the rise of the Asian Drivers (China and India) and their increase in demand for raw materials to fuel growth, the turn of the millennium saw a commodity price super-cycle emerge, benefiting a number of resource rich countries in SSA. Faced with the specter of the Resource Curse, this book examines an industrial pathway where countries can Make the Most of Commodities. Bringing together ground-breaking research in the commodity sectors, this book uses case-studies to explore conduits for industrial development, focusing on backward and forward linkages, with policy advice for both governments and corporate sectors.

This book explores the nexus between natural resources ownership and the right to development in Africa. The right to sovereignty over natural resources and the right to development are recognised and protected in an extensive framework of international, regional and domestic instruments. They guarantee people's entitlement to fully and freely utilise their natural resources as a means of subsistence and for economic, social and cultural development. Yet, despite the abundance of natural resources in Africa a majority of the people on the continent remain largely impoverished. This book articulates the central argument that to achieve the right to development in Africa requires appropriate governance of the continent’s natural resources to which the people of Africa are guaranteed sovereign ownership. With case study illustrations from Zimbabwe, Ghana, Ethiopia and the Democratic Republic of Congo, chapters explore the normative measures, specific guarantees and community entitlements to natural resources for the realisation of the right to development. The book will be an invaluable guide to scholars and postgraduate students of Natural Resources, Development and African studies as well as policymakers and practitioners in these areas.

There are few areas of economic policy-making in which the returns to good decisions are so high—and the punishment of bad decisions so cruel—as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperity; but they have left others riddled with corruption and persistent poverty, with little of lasting value to show for squandered wealth. And amongst the most important of these decisions are those relating to the tax treatment of oil, gas and minerals. This book will be of interest to Economics postgraduates and researchers working on resource issues, as well as professionals working on taxation of oil, gas and minerals/mining.

The Minerals Yearbook is an annual publication that reviews the mineral and material industries of the United States and foreign countries. The Yearbook contains statistical data on materials and minerals and includes information on economic and technical trends and development. The Minerals Yearbook includes chapters on approximately 90 commodities and over 175 countries. This volume of the Minerals Yearbook provides an annual review of mineral production and trade and of mineral-related government and industry developments in more than 175 foreign countries. Each report includes sections on government policies and programs, environmental issues, trade and production data, industry structure and ownership, commodity sector developments, infrastructure, and a summary outlook.