The Challenges of Developing Eastern Africa’s Natural Resources

KAPSARC, King Abdullah Petroleum Studies and Research Center
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KAPSARC, King Abdullah Petroleum Studies and Research Center: King Abdullah Petroleum Studies and Research Center

Workshop Briefs from King Abdullah Petroleum Studies and Research Center

Abstract: The discovery of significant oil and gas reserves in Eastern Africa provides a major opportunity for boosting economic development in the region. In developing these reserves, Kenya, Mozambique, Tanzania and Uganda have the chance to rapidly transform their economies and address development needs. However, this opportunity comes with risks and policy challenges, and dependency on natural resources for economic growth has been frequently linked to poor macroeconomic performance in developing countries. KAPSARC is working collaboratively with leading economic policy think tanks in four countries to understand one central question: How can countries develop their natural resources to create and sustain inclusive economic development?

Keywords: Hydrocarbon Development; Local Capacity Development; Local Content Regulation; Natural Gas; Natural Resource Development; Oil; Policy Development; Workshop Brief (search for similar items in EconPapers)
Pages: 12
Date: 2015-07-06
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https://www.kapsarc.org/research/publications/the- ... s-natural-resources/ First version, 2015 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:prc:wbrief:ks-1520-wb18a

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