Publications /
Policy Paper

Back
Managing Natural Resources for Growth and Prosperity in Low Income Countries
Authors
Russel Dinh
January 28, 2016

This paper reviews the economic impact of natural resources on low-income countries and the policy options available to them as recommended by academia and international organizations. We find that traditional policy prescriptions are unrealistic and miss a number of issues that include what to do when resources are depleted, job creation for growth and prosperity, and heterogeneity in country conditions. The paper proposes to reconcile these problems by advocating a strategy based on new structural economics, with a special focus on economic growth and job creation using the proceeds of natural resources. This approach combines “learning by doing” with targeted public investment in order to develop infrastructure and human capital. For many low-income countries, development of simple, labor-intensive light manufacturing is the recommended path. This recommendation is elaborated in a case study of South Sudan, a poor, resource-rich country in Africa.

RELATED CONTENT

  • Authors
    Fernanda Magnotta
    October 30, 2024
    Beyond partisan rhetoric, November's election in the United States can determine America's approach to a rapidly shifting world order. Donald Trump's first term, from 2016 to 2020, marked a historic departure from the post-Second World War bipartisan consensus. His ‘America First’ approach introduced a transactional view of international relations that continues to shape the current political landscape. This approach was seen in actions such as Trump’s withdrawal from the Paris Clim ...
  • Authors
    October 30, 2024
    This paper examines the complex interplay between global climate ambitions and national interests within the New South—defined as a diverse group of emerging economies, each pursuing distinct geopolitical strategies, economic priorities, and development goals—seen through a realist lens at the COP29 climate summit. As the climate crisis deepens, the geopolitical stakes involved in climate governance become more pronounced. The New South, grappling with the dual challenges of economi ...
  • October 30, 2024
    The global impact of the US elections on Africa is significant, with each administration shaping US-Africa relations through trade policies, development aid, and security cooperation. Potential shifts in economic and political alliances underscore Africa's strategic role amid US-China t...
  • October 29, 2024
    يخصص مركز السياسات من أجل الجنوب الجديد حلقة برنامجه الأسبوعي "حديث الثلاثاء لمناقشة موضوع " إفريقيا والعضوية الدائمة في مجلس الأمن: طموح وتحديات ". تأسس مجلس الأمن على أرضية توازنات أفرزتها الحرب العالمية الثانية، حينها كانت الأمم المتحدة تضم 50 عضوا فقط. الآن، وبعد مرور أكثر من 75 عا...
  • Authors
    October 25, 2024
    Ding, dang, dong… Vous avez certainement entendu sonner le carillon. C’est la rentrée. Ou les rentrées. Elles s’étalent sur quasiment deux mois tant la reprise est plurielle et concerne des acteurs ou des agents multiples. La rentrée des élèves, tout d’abord. À la mi-septembre déjà, ils ont enlevé le sable de leurs chaussettes, rangé leurs nouvelles fournitures scolaires. Mais pas seulement, celle des parents aussi : septembre est le mois de toutes les dépenses :  les frais scolaire ...
  • Authors
    Eugène Berg
    Pascal Chaigneau
    Thierry Garcin
    Jeremy Ghez
    Jacques Gravereau
    Alain Oudot de Dainville
    Florent Parmentier
    Anne-Sophie Raujol
    Emmanuel Véron
    October 24, 2024
    Prochainement disponible sur Livremoi et Amazon.   Les Dialogues Stratégiques, fruit d'une collaboration entre le HEC Center for Geopolitics et le Policy Center for the New South, constituent une plateforme d'échanges biannuelle dédiée à l'analyse des grandes tendances mondiales et des problématiques régionales qui lient l'Europe et l'Afrique. Réunissant praticiens, décideurs, universitaires et représentants des médias, cet espace de réflexion permet de décoder les transformations ...
  • October 24, 2024
    Depuis 2016, le Policy Center for the New South et le Centre de Géopolitique de l’école HEC Paris organisent chaque année deux éditions des « Dialogues Stratégiques ». Cette plateforme d’analyse et d’échange réunit des experts, des chercheurs provenant de différents think-tanks et du mo...
  • Authors
    Philip Yang
    October 23, 2024
    The digital revolution is bringing about a dramatic shift in power, from labor to capital. We assess what the impact of this transformation might be on land as a factor of production. The digital revolution is not happening in a historical vacuum. It unfolds within a framework of confrontation or collusion between market forces and government forces. Depending on the market power that companies can exercise, the digital transition will have different impacts on income distributions ...
  • Authors
    Karim El Mokri
    Idriss El Abbassi
    October 23, 2024
    This paper was originally published on cambridge.org   This paper explores the (de-)routinisation of employment structure in developing countries, through the case of Morocco. We investigate employment (de-)routinisation from an often-overlooked perspective, aiming to elucidate the interplay between the dynamics of occupational employment composition by the level of routine tasks intensity and two structural aspects: premature deindustrialisation and the prevalence of informal lab ...
  • October 22, 2024
    تُعدُّ ظاهرة الهدر المدرسي في المغرب أحد التحديات الكبرى التي تواجه النظام التعليمي. في هذه الحلقة من "حديث الثلاثاء"، نناقش هذه الظاهرة، مسلطين الضوء على التفاوتات الجغرافية والاجتماعية التي تسهم في ارتفاع معدلات التسرب. ويقدم الطيب غازي تحليلاً للأسباب الجذرية التي أدت إلى تفاقم هذه ا...