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Extractive dependency in lower-income countries: Evolving trends during the transition to a low carbon future

Author

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  • Magnus Ericsson
  • Olof Löf

Abstract

The first objective of this paper is to update earlier assessments of mineral dependence in lower-income countries. In 2018, the mining of metals and coal continued to be an important contributor to the economies of several low- and middle-income countries. As in our previous calculations of the Mining Contribution Index, African countries in particular benefit from this fact. When oil and gas are also included in estimates of export dependence on extractive industries, a number of new countries appear among those with the greatest dependence—again mostly African countries.

Suggested Citation

  • Magnus Ericsson & Olof Löf, 2020. "Extractive dependency in lower-income countries: Evolving trends during the transition to a low carbon future," WIDER Working Paper Series wp-2020-120, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2020-120
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    Keywords

    Extractives; low-carbon future; Mining; Oil;
    All these keywords.

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