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Natural resources and development: The gold sector in Mali

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  • Mainguy, Claire

Abstract

Resource-rich countries do not necessarily perform well, especially developing countries. A debate has developed since the 1990s about a "resource curse" hypothesis, which threaten to impede the resource-rich countries in taking advantage of their natural endowments. In Mali, a less-developed country, gold export has substantially increased since the 1990s. In this paper we show that widespread analyses, such as those of the Dutch disease and the quality of institutions, are not sufficient to understand what is at stake in Mali, and that the mining sector has proved to be neither a blessing nor a curse, at least until the present. Gold mining has brought budget revenues but induced few spillovers. As gold mining has now come to maturity, the die is probably cast.

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  • Mainguy, Claire, 2011. "Natural resources and development: The gold sector in Mali," Resources Policy, Elsevier, vol. 36(2), pages 123-131, June.
    • Handle: RePEc:eee:jrpoli:v:36:y:2011:i:2:p:123-131
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    1. Edouard Mien & Michaël Goujon, 2022. "40 Years of Dutch Disease Literature: Lessons for Developing Countries," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 351-383, September.
    2. Charles Godfred Ackah & Asaah S. Mohammed, 2018. "Local content law and practice: The case of the oil and gas industry in Ghana," WIDER Working Paper Series wp-2018-152, World Institute for Development Economic Research (UNU-WIDER).
    3. Boire, Sidiki & Nell, Kevin S., 2021. "The enclave hypothesis and Dutch disease effect: A critical appraisal of Mali's gold mining industry," Resources Policy, Elsevier, vol. 74(C).
    4. Al Rawashdeh, Rami & Maxwell, Philip, 2013. "Jordan, minerals extraction and the resource curse," Resources Policy, Elsevier, vol. 38(2), pages 103-112.
    5. Grant Mark Nülle & Graham A. Davis, 2018. "Neither Dutch nor disease?—natural resource booms in theory and empirics," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 31(1), pages 35-59, May.
    6. Charles Ackah & Asaah Mohammed, 2018. "Local content law and practice: The case of the oil and gas industry in Ghana," WIDER Working Paper Series 152, World Institute for Development Economic Research (UNU-WIDER).
    7. Tamat Sarmidi & Siong Hook Law & Yaghoob Jafari, 2014. "Resource Curse: New Evidence on the Role of Institutions," International Economic Journal, Taylor & Francis Journals, vol. 28(1), pages 191-206, March.

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