Majority state ownership of oil and mining sectors in Africa : the resource curse undermined

"Majority State Ownership of Oil and Mining Sectors in Africa: The Resource Curse Undermined shows that countries in sub-Saharan Africa with majority state ownership of their major oil or mineral export sectors suffered from more severe versions of the natural resource curse than other similar...

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Bibliographic Details
Main Author: Quinn, John James, 1959- (Author)
Format: eBook
Language: English
Published: Abingdon, Oxon ; New York, NY : Routledge, 2025.
Series: Routledge studies on African political economy series.
Subjects:
ISBN: 9780429423390
042942339X
9780429751851
0429751850
9780429751868
0429751869
9780429751875
0429751877
9781138390331
9781032852546
Physical Description: 1 online resource.

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040 |a OCoLC-P  |b eng  |e rda  |c OCoLC-P 
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020 |z 9781032852546  |q (paperback) 
024 7 |a 10.4324/9780429423390  |2 doi 
035 |a (OCoLC)1450434125 
035 |a (OCoLC-P)1450434125 
100 1 |a Quinn, John James,  |d 1959-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjygJ7XtrXFW4wgmMVhwT3 
245 1 0 |a Majority state ownership of oil and mining sectors in Africa :  |b the resource curse undermined /  |c John James Quinn. 
264 1 |a Abingdon, Oxon ;  |a New York, NY :  |b Routledge,  |c 2025. 
300 |a 1 online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
490 1 |a Routledge studies on African political economy series 
520 |a "Majority State Ownership of Oil and Mining Sectors in Africa: The Resource Curse Undermined shows that countries in sub-Saharan Africa with majority state ownership of their major oil or mineral export sectors suffered from more severe versions of the natural resource curse than other similar countries. Examining natural resource exporting nations in sub-Saharan Africa between 1966 to 2000, Quinn shows that on average, states with majority state ownership of these sectors featured lower growth, lower incomes, declining alternative export sectors, more debt, lower levels of investment, lower levels of political and civil rights, and more domestic conflict than other similar countries. These results remained fairly consistent across both cross-country data, as well as in paired case studies. One surprise finding is that these countries either had depreciating currencies, or did not feature high levels of currency appreciation, on average, which is inconsistent with resource curse literature predictions. Rather, most countries with majority state ownership had high levels of currency overvaluation - which operated in a similar manner as currency appreciation. This work should appeal to students and faculty interested in the political economy of development, the natural resource curse, and African development, as well as politicians, policy makers, and NGO workers working in these areas. The strong recommendation of the book is that governments should control 50% or less of these sectors"--  |c Provided by publisher. 
588 |a OCLC-licensed vendor bibliographic record. 
650 0 |a Natural resources  |z Africa, Sub-Saharan  |x Management. 
650 0 |a Government ownership  |z Africa, Sub-Saharan. 
650 0 |a Resource curse  |z Africa, Sub-Saharan. 
651 0 |a Africa, Sub-Saharan  |x Economic policy. 
651 0 |a Africa, Sub-Saharan  |x Economic conditions  |y 1960- 
651 0 |a Africa, Sub-Saharan  |x Politics and government  |y 1960- 
655 7 |a elektronické knihy  |7 fd186907  |2 czenas 
655 9 |a electronic books  |2 eczenas 
830 0 |a Routledge studies on African political economy series. 
856 4 0 |u https://proxy.k.utb.cz/login?url=https://www.taylorfrancis.com/books/9780429423390  |y Full text