Mineral Wealth and Equitable Development
In theory, new mineral wealth should offer governments a chance to boost economic growth and reduce inequality. In practice, it often leads to economic stagnation, civil conflict, and heightened inequality. To avoid these problems, governments must navigate a complex series of economic, social, and...
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Washington, DC: World Bank
2012
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okr-10986-91732021-04-23T14:02:44Z Mineral Wealth and Equitable Development Ross, Michael World Development Report 2006 In theory, new mineral wealth should offer governments a chance to boost economic growth and reduce inequality. In practice, it often leads to economic stagnation, civil conflict, and heightened inequality. To avoid these problems, governments must navigate a complex series of economic, social, and political challenges. One of the most difficult challenges is deciding how to deal equitably with the regional or local communities where the extraction occurs. The use of transparency, multi-stakeholder dialogues, and special attention to human rights and security can help reduce these risks. 2012-06-26T15:40:28Z 2012-06-26T15:40:28Z 2004 http://hdl.handle.net/10986/9173 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Africa Middle East and North Africa East Asia and Pacific |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
World Development Report 2006 |
spellingShingle |
World Development Report 2006 Ross, Michael Mineral Wealth and Equitable Development |
geographic_facet |
Africa Middle East and North Africa East Asia and Pacific |
description |
In theory, new mineral wealth should offer governments a chance to boost economic growth and reduce inequality. In practice, it often leads to economic stagnation, civil conflict, and heightened inequality. To avoid these problems, governments must navigate a complex series of economic, social, and political challenges. One of the most difficult challenges is deciding how to deal equitably with the regional or local communities where the extraction occurs. The use of transparency, multi-stakeholder dialogues, and special attention to human rights and security can help reduce these risks. |
author |
Ross, Michael |
author_facet |
Ross, Michael |
author_sort |
Ross, Michael |
title |
Mineral Wealth and Equitable Development |
title_short |
Mineral Wealth and Equitable Development |
title_full |
Mineral Wealth and Equitable Development |
title_fullStr |
Mineral Wealth and Equitable Development |
title_full_unstemmed |
Mineral Wealth and Equitable Development |
title_sort |
mineral wealth and equitable development |
publisher |
Washington, DC: World Bank |
publishDate |
2012 |
url |
http://hdl.handle.net/10986/9173 |
_version_ |
1764408739061825536 |