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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Main Author: Ross, Michael
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9173
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spelling 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
repository_type 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
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