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In appreciation of Giovanni Andrea CorniaI first met Andrea some 40 years ago, in 1985, when he invited me to a conference at UNICEF in New York on ‘Adjustment with a Human Face’, a highly...
Tony Addison is a Professor of Economics, University of Copenhagen in the Development Economics Research Group. He was a Chief Economist and Deputy Director of UNU-WIDER in Helsinki, Finland. He was previously Professor of Development Studies, University of Manchester; Executive Director of the Brooks World Poverty Institute (BWPI), University of Manchester (from 2006-2009); Associate Director of the Chronic Poverty Research Centre (CPRC); and Deputy Director of UNU-WIDER.
His books include: From Conflict to Recovery in Africa (Oxford University Press), Making Peace Work: The Challenges of Economic and Social Reconstruction (Palgrave Macmillan), and Poverty Dynamics: A Cross-Disciplinary Perspective (Oxford University Press). He was a lead author for The Chronic Poverty Report 2008-09: Escaping Poverty Traps.
I first met Andrea some 40 years ago, in 1985, when he invited me to a conference at UNICEF in New York on ‘Adjustment with a Human Face’, a highly...
BOOK IN PRODUCTION: SCHEDULED PUBLICATION DECEMBER 2024Almost everything that is essential to modern society — transport and power systems, buildings, machinery, and medical devices — depends upon metals, minerals, and stone as well as oil and...
Companies in the oil, gas, and mining sectors face ever intensifying scrutiny over their environmental, social, and governance (ESG) practices and impacts: from civil society but also from investment funds and other stakeholders with ESG mandates...
While market mechanisms and private initiatives can deliver much for development, public action is also necessary to: maximize the economic benefits of the extractive industries; manage potentially large capital and revenues flows; minimize adverse...
This paper analyses the roles that states, civil society, and international actors can play in tackling the weak governance that sometimes leads to resources being used for private rather than public benefit. It discusses the corruption that bedevils...
This paper argues for a change in government attitudes to their extractive industries: as enclaves useful primarily as revenue sources. This is too narrow a perspective: it fails to recognize the broader economic linkages that are invariably possible...
This paper analyses the risks facing resource-dependent countries. These include: (i) economic mismanagement (the ‘resource curse’); (ii) political mismanagement; (iii) environmental damage (climate change and the destruction of natural capital). It...
The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas...
Sovereign Wealth Funds (SWFs) have become a symbol of national success and a means for global, commercial and geopolitical influence. But how well do...
In this study, we develop an empirical framework that allows us to trace out a time path of metal prices. This framework shows that unpredictable shifts in demand, extraction costs and discovery of reserves, make estimation of the slope of this...
(19 March 1952 – 24 December 2022) It is with the greatest sadness and a deep sense of grief and shock that we received the news of the passing of...
Do sovereign wealth funds (SWFs) contribute to Africa’s development? This paper assesses the objectives of SWFs (fiscal stabilization, productive investment, intergenerational saving) and discusses alternatives. We argue that fiscal stabilization...