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Value Chains in Sub-Saharan AfricaWill Tanzania’s Natural Gas Endowment Generate Sustainable Development?

Value Chains in Sub-Saharan Africa: Will Tanzania’s Natural Gas Endowment Generate Sustainable... [Considerable natural gas deposits have recently been discovered in Tanzania. After providing information on these discoveries in terms of magnitude, potential value and their role within Tanzania’s economic reality, the author reviews the literature on the relationship between resource abundance and underdevelopment. He introduces a game theory model that helps to visualise the set of incentives facing ruling elites in resource-abundant, institutionally weak states. Against this background, the strength of Tanzania’s governance institutions—including those specific to the oil and gas sector—is assessed. The authors concludes by suggesting practical policy steps to strengthen Tanzania’s institutions, as these must be designed in a way that guarantees that neither citizens nor the government prefer violence over taxation and work respectively to access profits generated in the resource sector.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Value Chains in Sub-Saharan AfricaWill Tanzania’s Natural Gas Endowment Generate Sustainable Development?

Part of the Advances in African Economic, Social and Political Development Book Series
Editors: Scholvin, Sören; Black, Anthony; Revilla Diez, Javier; Turok, Ivan
Harvey, Ross
Value Chains in Sub-Saharan Africa — May 10, 2019
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References (38)

Publisher
Springer International Publishing
Copyright
© Springer Nature Switzerland AG 2019
ISBN
978-3-030-06205-7
Pages
151 –165
DOI
10.1007/978-3-030-06206-4_10
Publisher site
See Chapter on Publisher Site

Abstract

[Considerable natural gas deposits have recently been discovered in Tanzania. After providing information on these discoveries in terms of magnitude, potential value and their role within Tanzania’s economic reality, the author reviews the literature on the relationship between resource abundance and underdevelopment. He introduces a game theory model that helps to visualise the set of incentives facing ruling elites in resource-abundant, institutionally weak states. Against this background, the strength of Tanzania’s governance institutions—including those specific to the oil and gas sector—is assessed. The authors concludes by suggesting practical policy steps to strengthen Tanzania’s institutions, as these must be designed in a way that guarantees that neither citizens nor the government prefer violence over taxation and work respectively to access profits generated in the resource sector.]

Published: May 10, 2019

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