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Mining for Change

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ISBN: 9780198851172 Year: Pages: 512 DOI: 10.1093/oso/9780198851172.001.0001 Language: English
Publisher: Oxford University Press Grant: UNU WIDER
Subject: Economics --- Electrical and Nuclear Engineering --- Environmental Sciences
Added to DOAB on : 2020-06-25 23:58:38
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Abstract

For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. In Africa, countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies. In resource-producing economies, relative prices make it more difficult to diversify into activities outside of the resource sector, limiting structural change. Economic structure matters for at least two reasons. First, countries whose exports are highly concentrated are vulnerable to declining prices and volatility. Second, economic diversification matters for long-term growth. This book presents research undertaken to understand how better management of the revenues and opportunities associated with natural resources can accelerate diversification and structural change in Africa. It begins with chapters on managing the boom, the construction sector, and linking industry to the resource—three major issues that frame the question of how to use natural resources for structural change. It then reports the main research results for five countries—Ghana, Mozambique, Uganda, Tanzania, and Zambia. Each country study covers the same three themes—managing the boom, the construction sector, and linking industry to the resource. One message that clearly emerges is that good policy can make a difference. A concluding chapter sets out some ideas for policy change in each of the areas that guided the research, and then goes on to propose some ideas for widening the options for structural change.

Elämää sinnittelevässä pikkukaupungissa

Authors: --- ---
ISBN: 9789523590250 Year: Pages: 322 Language: Finnish
Publisher: Tampere University Press
Subject: Sociology --- Science (General) --- Languages and Literatures
Added to DOAB on : 2020-10-08 00:04:10
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The ten articles in this edited volume examine the city of Varkaus as a small city struggling with structural change using historical documents as well as survey and interview data. The city of Varkaus, which has a long industrial history, has lost a large part of its industrial jobs in the first decades of this millennium and its population has fallen sharply in recent years. However, a survey of the adult population shows that the inhabitants of Varkaus are typically satisfied with their work, with their social relationships and their lives in general. Varkaus is seen as a safe and good living environment. A central element of well-being is couple relationship, as well as other social relationships. The lack of well-being often stems from unemployment, low income and feelings of not belonging to the place of residence. Young adults value their place of residence as well as their family relationships, but there are tensions in their life regarding work and income. The tranquility and proximity to nature of Varkaus are appreciated, but there are also many who long for more urban heartbeat in their hometown.

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