Modes of Governance and Revenue Flows in African Mining (International Political Economy Series)

Academics, policy-makers and practitioners from Africa and beyond document new ways of thinking about issues concerning governance and revenue flows in mining activities in Ghana, Mali and the Democratic Republic of the Congo. Increased investment in the mining sector in Africa is often presented as a key strategy to leverage growth and development on the continent. It has been described as a "motor for growth", which will contribute to poverty reduction. Massive investment has taken place, but the results in crucial areas such as sustainable economic and social development have been extremely disappointing. These outcomes are most frequently attributed to dysfunctional internal governance processes, mismanagement and corruption. Much attention has been given in recent years to the issue of "the poor resource governance" in mineral rich countries. In this volume, academics, policy-makers and practitioners from Africa and beyond aim to achieve a better understanding of these issues by proposing a renewal of approaches. Discussing the cases of Ghana, Mali and the Democratic Republic of the Congo they explore new ways of thinking about issues concerning governance and revenue flows Increased investment in the mining sector in Africa is often presented as a key strategy to leverage growth and development on the continent. It has been described as a "motor for growth", which will contribute to poverty reduction. Massive investment has taken place, but the results in crucial areas such as sustainable economic and social development have been extremely disappointing. These outcomes are most frequently attributed to dysfunctional internal governance processes, mismanagement and corruption. Much attention has been given in recent years to the issue of "the poor resource governance" in mineral rich countries. In this volume, academics, policy-makers and practitioners from Africa and beyond aim to achieve a better understanding of these issues by proposing a renewal of approaches. Discussing the cases of Ghana, Mali and the Democratic Republic of the Congo they explore new ways of thinking about issues concerning governance and revenue flows (site de l'éditeur). Cover 1 Series 2 Title 4 Copyright 5 Contents 6 List of Illustrations 7 Acknowledgements 9 Notes on Contributors 10 List of Abbreviations 13 Introduction 17 1 An Overview of Revenue Flows from the Mining Sector: Impacts, Debates and Policy Recommendations 32 2 Regulatory Framework Review and Mining Regime Reform in Mali: Degrees of Rupture and Continuity 63 3 Constraints to Maximization of Net National Retained Earnings from the Mining Sector: Challenges for National Economic Development and Poverty Reduction in Sub Saharan Africa as Illustrated by Ghana 117 4 Artisanal Mining in Ghana: Institutional Arrangements, Resource Flows and Poverty Alleviation 154 5 Tracing Revenue Flows, Governance and the Challenges of Poverty Reduction in the Democratic Republic of Congo’s Artisanal Mining Sector 180 Conclusion 239 Index 255 Front Matter....Pages i-xv Introduction....Pages 1-15 An Overview of Revenue Flows from the Mining Sector: Impacts, Debates and Policy Recommendations....Pages 16-47 Regulatory Framework Review and Mining Regime Reform in Mali: Degrees of Rupture and Continuity....Pages 47-100 Constraints to Maximization of Net National Retained Earnings from the Mining Sector: Challenges for National Economic Development and Poverty Reduction in Sub Saharan Africa as Illustrated by Ghana....Pages 101-137 Artisanal Mining in Ghana: Institutional Arrangements, Resource Flows and Poverty Alleviation....Pages 138-163 Tracing Revenue Flows, Governance and the Challenges of Poverty Reduction in the Democratic Republic of Congo’s Artisanal Mining Sector....Pages 164-222 Conclusion....Pages 223-238 Back Matter....Pages 239-253