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Regulatory structures and challenges to developmental extractives: Some practical observations from Ghana

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  • Toni Aubynn

Abstract

At the heart of an effective extractive resource-based economic transformation and development is an effective regulatory framework that guides the promotion of investments into the sector, the procedure for responsible extraction, and the management of the utilization of such resources. Ghana's endowment with significant amount of ferrous and non-ferrous minerals, including gold, bauxite, manganese, diamonds, and iron ore, as well as hydrocarbons, is well known. The country has been mining gold for over a century, ranking second in production in Africa.

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  • Toni Aubynn, 2017. "Regulatory structures and challenges to developmental extractives: Some practical observations from Ghana," WIDER Working Paper Series wp-2017-179, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2017-179
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2017-179.pdf
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    1. World Bank, 2002. "World Development Report 2002," World Bank Publications - Books, The World Bank Group, number 5984, April.
    2. Jalilian, Hossein & Kirkpatrick, Colin & Parker, David, 2007. "The Impact of Regulation on Economic Growth in Developing Countries: A Cross-Country Analysis," World Development, Elsevier, vol. 35(1), pages 87-103, January.
    3. Richard M. Auty, 2000. "How Natural Resources Affect Economic Development," Development Policy Review, Overseas Development Institute, vol. 18(4), pages 347-364, December.
    4. Slack, Keith, 2012. "Mission impossible?: Adopting a CSR-based business model for extractive industries in developing countries," Resources Policy, Elsevier, vol. 37(2), pages 179-184.
    5. Martin Minogue, 2006. "Apples and Oranges: Comparing International Experiences in Regulatory Reform," Chapters, in: Martin Minogue & Ledivina Cariño (ed.), Regulatory Governance in Developing Countries, chapter 4, Edward Elgar Publishing.
    6. Davis, Graham A, 1998. "The minerals sector, sectoral analysis, and economic development," Resources Policy, Elsevier, vol. 24(4), pages 217-228, December.
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    Cited by:

    1. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series 56, World Institute for Development Economic Research (UNU-WIDER).
    2. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series wp-2018-56, World Institute for Development Economic Research (UNU-WIDER).

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