Publication:
Transforming Natural Resource Wealth into Sustained Growth and Poverty Reduction : A Conceptual Framework for Sub-Saharan African Oil Exporting Countries

Simple item page
dc.contributor.authorToto Same, Achille
dc.date.accessioned2012-03-19T19:09:03Z
dc.date.available2012-03-19T19:09:03Z
dc.date.issued2009-03-01
dc.description.abstractOil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if governments are committed to bridge the infrastructure gap and promote the non-oil economy and foremost the non-oil tradable sector. Consequently, the capacity for coordinated policy formulation and execution is fundamental as well as sound windfall management mechanisms and institutions. This conceptual framework uses the case of Indonesia and the example of Norway to argue that the resource paradox is avoidable. Abundance should not be a curse, but rather a blessing for Sub-Saharan Africa's oil and mineral exporting countries. The country context and political economy matter a great deal but should not be the main driving forces behind windfall management, to avoid excessive rent-seeking activities, inefficiency, and wasteful spending. The EITI++ implementation can contribute to make a difference, mostly through capacity building, implementation assistance, and coordination support.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090304085401
dc.identifier.doi10.1596/1813-9450-4852
dc.identifier.urihttps://hdl.handle.net/10986/4048
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 4852
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectABSORPTIVE CAPACITIES
dc.subjectABSORPTIVE CAPACITY
dc.subjectACCUMULATION OF DEBT
dc.subjectADVERSE CONSEQUENCES
dc.subjectAGRICULTURE
dc.subjectARREARS
dc.subjectBALANCE-OF-PAYMENTS CRISIS
dc.subjectBANK POLICY
dc.subjectBENCHMARK
dc.subjectBLACK MARKET
dc.subjectBLACK MARKET PREMIUM
dc.subjectBORROWING
dc.subjectBUDGET DEFICIT
dc.subjectCALCULATIONS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL GOODS
dc.subjectCAPITAL GOODS INDUSTRIES
dc.subjectCAPITAL STOCK
dc.subjectCAPITAL STOCKS
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMPETITIVENESS
dc.subjectCOMPREHENSIVE DEVELOPMENT
dc.subjectCONSUMER
dc.subjectCONSUMER GOODS
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICITS
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT BURDENS
dc.subjectDEBT OVERHANG
dc.subjectDEBT REDUCTION
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT BANK
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISBURSEMENTS
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC INFLATION
dc.subjectDOMESTIC SAVING
dc.subjectDURABLE
dc.subjectDUTCH DISEASE
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORIANS
dc.subjectECONOMIC LIFE
dc.subjectECONOMIC MANAGEMENT
dc.subjectECONOMIC MODEL
dc.subjectECONOMIC ORDER
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMICS RESEARCH
dc.subjectEMERGING ECONOMY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE APPRECIATION
dc.subjectEXCHANGE RATE VOLATILITY
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT EARNINGS
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORT REVENUES
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNALITIES
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL CRISIS
dc.subjectFISCAL BALANCE
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICY
dc.subjectFLOATING INTEREST RATES
dc.subjectFORECASTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN EXCHANGE RESOURCES
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN RESERVES
dc.subjectFULL EMPLOYMENT
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL DEMAND
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT FINANCES
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGROWTH MODELS
dc.subjectGROWTH PERFORMANCE
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDUSTRIAL INVESTMENTS
dc.subjectINDUSTRIALIZATION
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINSTRUMENT
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL MARKET
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTING
dc.subjectINVESTMENT DECISION
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT PROGRAM
dc.subjectINVESTMENT RATE
dc.subjectINVESTMENT SPENDING
dc.subjectLACK OF EXPERIENCE
dc.subjectLIQUIDITY
dc.subjectLIVING STANDARDS
dc.subjectMACROECONOMIC IMPEDIMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC REFORMS
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectMARKET TRANSACTIONS
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectNATIONAL SAVING
dc.subjectNATIONAL SAVINGS
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNEWLY INDUSTRIALIZED COUNTRIES
dc.subjectOIL BOOM
dc.subjectOIL BOOMS
dc.subjectOIL ECONOMY
dc.subjectOIL EXPORTER
dc.subjectOIL EXPORTERS
dc.subjectOIL EXPORTING COUNTRIES
dc.subjectOIL EXPORTING COUNTRY
dc.subjectOIL EXPORTS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOIL PRODUCING COUNTRIES
dc.subjectOIL RESOURCES
dc.subjectOIL REVENUE
dc.subjectOIL REVENUES
dc.subjectOIL-EXPORTING COUNTRIES
dc.subjectOPEN ECONOMY
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPOSITIVE EFFECTS
dc.subjectPOSITIVE EXTERNALITIES
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE MOVEMENTS
dc.subjectPRIMARY COMMODITIES
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPROBABILITY
dc.subjectPRODUCTION INPUTS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectRATE OF GROWTH
dc.subjectREAL EFFECTIVE EXCHANGE RATE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATE APPRECIATION
dc.subjectREAL GDP
dc.subjectREAL INVESTMENT
dc.subjectRELATIVE PRICE
dc.subjectRELATIVE PRICES
dc.subjectRENTS
dc.subjectRESERVES
dc.subjectRESOURCE ALLOCATION
dc.subjectRESOURCE MOVEMENT EFFECT
dc.subjectRETURN
dc.subjectRULE OF LAW
dc.subjectSAVINGS RATE
dc.subjectSECTOR REFORMS
dc.subjectSECURITIES
dc.subjectSLACK
dc.subjectSLOW GROWTH
dc.subjectSUPPLY SIDE
dc.subjectTAX
dc.subjectTAX REGIMES
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOTAL EXPORTS
dc.subjectTRANSMISSION MECHANISMS
dc.subjectTRANSPARENCY
dc.subjectUNEMPLOYMENT
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWORLD DEVELOPMENT INDICATOR
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMIES
dc.titleTransforming Natural Resource Wealth into Sustained Growth and Poverty Reduction : A Conceptual Framework for Sub-Saharan African Oil Exporting Countriesen
dspace.entity.typePublication
okr.crossref.titleTransforming Natural Resource Wealth Into Sustained Growth And Poverty Reduction: A Conceptual Framework For Sub-Saharan African Oil Exporting Countries
okr.date.doiregistration2025-04-10T12:20:07.838472Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090304085401
okr.guid418411468008747136
okr.identifier.doi10.1596/1813-9450-4852
okr.identifier.externaldocumentum000158349_20090304085401
okr.identifier.internaldocumentum10315412
okr.identifier.reportWPS4852
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/03/04/000158349_20090304085401/Rendered/PDF/WPS4852.pdfen
okr.region.administrativeAfrica
okr.region.administrativeAfrica
okr.region.geographicalAfrica
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS4852.pdf
Size:
467.66 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS4852.txt
Size:
85.17 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers