The Dog that Didn’t Bark : The Missed Opportunity of Africa’s Resource Boom (English)

The commodity price boom from 2004–2014 was a huge economic opportunity for African countries abundant in oil, gas and minerals. During this period their government revenues from resources grew by an average of 1.1 billion US$ per year, and economic growth in those same resource-rich countries surged. GDP growth in resource-rich countries accelerated from 4.6% to 5.4% as countries entered a decade long period of sustained high commodity prices. Nonetheless...
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Cust,James Frederick; Rivera Ballesteros,Alexis; Zeufack,Albert G..

The Dog that Didn’t Bark : The Missed Opportunity of Africa’s Resource Boom (English). Policy Research working paper ; no. WPS 10120; COVID-19 (Coronavirus) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099250407062241649

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