2020 State of the ASM Sector Report Learn about artisanal and small-scale mining's contribution to Sustainable Development Goal 8 in our new report

Investing Mineral Wealth in Development Assets : Ghana, Liberia and Sierra Leone

Promoting sustainable development calls for investing rents from exhaustible mineral resources into human, physical and social capital, so as to protect the wealth of countries and the economic opportunities of their citizens. This has been difficult in well-governed Ghana in the last decade; and might prove to be extremely challenging in post-conflict countries such as Liberia and Sierra Leone, where preference for the present is high and institutions to collect rents and convert them into effective investments weak. The paper reviews the countries' degrees of preparedness to confront the various challenges associated with ongoing mineral booms, and tries to identify country-specific policy areas of particular relevance and potential impact for sustainable development.

Additional Info

Author(s)
Daniel Boakye , Sébastien Dessus, Yusuf Foday, Felix Oppong
Publication Year
2013
Language
English
Publishing Institution Webpage
https://elibrary.worldbank.org/doi/abs/10.1596/1813-9450-6089
Data Source Classification
Academic Study
Research Type
Secondary
Research Methodology
Secondary - PREVIOUS RESEARCH, Secondary - OFFICIAL STATISTICS
Thematic Tags
Political, Governance, Large-scale Mining, Economic
Region
Sub-Saharan Africa
Country
Ghana, Liberia, Sierra Leone
Last Updated
April 14, 2021