Implications for Public Policy
Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review
Standard
Implications for Public Policy. / Page, John; Tarp, Finn.
Mining for Change: Natural Resources and Industry in Africa. ed. / John Page; Finn Tarp. Oxford : Oxford University Press, 2020. p. 449-471 (WIDER Studies in Development Economics).Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review
Harvard
APA
Vancouver
Author
Bibtex
}
RIS
TY - CHAP
T1 - Implications for Public Policy
AU - Page, John
AU - Tarp, Finn
PY - 2020
Y1 - 2020
N2 - Natural resources can make diversification and structural change more challenging. This chapter focuses on why public policy matters. International competitiveness depends on both relative prices and on the policy and institutional changes and investments that governments make to enhance it. Drawing on the five country case studies in this volume, the authors suggest lessons for the design of policies to promote structural change in Africa’s resource exporters. They address the three key themes—managing the boom, the construction sector, and linking industry to the resource—then propose ideas for widening options for structural change. These include reforms to deal with ‘Dutch disease’, expanding the concept of structural change from a focus on industrialization to ‘industries without smokestacks’, and investing in knowledge.
AB - Natural resources can make diversification and structural change more challenging. This chapter focuses on why public policy matters. International competitiveness depends on both relative prices and on the policy and institutional changes and investments that governments make to enhance it. Drawing on the five country case studies in this volume, the authors suggest lessons for the design of policies to promote structural change in Africa’s resource exporters. They address the three key themes—managing the boom, the construction sector, and linking industry to the resource—then propose ideas for widening options for structural change. These include reforms to deal with ‘Dutch disease’, expanding the concept of structural change from a focus on industrialization to ‘industries without smokestacks’, and investing in knowledge.
KW - Faculty of Social Sciences
KW - natural resources
KW - diversification
KW - structural change
KW - public policy
KW - Africa
KW - Dutch disease
KW - industries without smokestacks
U2 - 10.1093/oso/9780198851172.003.0020
DO - 10.1093/oso/9780198851172.003.0020
M3 - Book chapter
SN - 9780198851172
T3 - WIDER Studies in Development Economics
SP - 449
EP - 471
BT - Mining for Change
A2 - Page, John
A2 - Tarp, Finn
PB - Oxford University Press
CY - Oxford
ER -
ID: 237961112