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The curse of the one-size-fits-all fix: Re-evaluating what we know about extractives and economic development

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  • Glada Lahn
  • Paul Stevens

Abstract

In the context of falls in extractive commodities prices since 2011, this paper examines the history of thinking about the interplay between extractives and economic development. Just as 'the resource curse' fails as a generic explanation on account of the huge diversity in country contexts, so does the one-size-fits-all governance solution, which international aid agencies, industry, and banks have promoted in support of 'extractives-led growth' since the early 2000s.

Suggested Citation

  • Glada Lahn & Paul Stevens, 2017. "The curse of the one-size-fits-all fix: Re-evaluating what we know about extractives and economic development," WIDER Working Paper Series wp-2017-21, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2017-21
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2017-21.pdf
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    References listed on IDEAS

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    1. repec:bla:devpol:v:28:y:2010:i:4:p:411-433 is not listed on IDEAS
    2. World Bank, 2015. "World Development Indicators 2015," World Bank Publications - Books, The World Bank Group, number 21634.
    3. Auty, Richard M., 1994. "Industrial policy reform in six large newly industrializing countries: The resource curse thesis," World Development, Elsevier, vol. 22(1), pages 11-26, January.
    4. Sovacool, Benjamin K. & Andrews, Nathan, 2015. "Does transparency matter? Evaluating the governance impacts of the Extractive Industries Transparency Initiative (EITI) in Azerbaijan and Liberia," Resources Policy, Elsevier, vol. 45(C), pages 183-192.
    5. Sovacool, Benjamin K. & Walter, Götz & Van de Graaf, Thijs & Andrews, Nathan, 2016. "Energy Governance, Transnational Rules, and the Resource Curse: Exploring the Effectiveness of the Extractive Industries Transparency Initiative (EITI)," World Development, Elsevier, vol. 83(C), pages 179-192.
    6. Andrés Mejía Acosta, 2013. "The Impact and Effectiveness of Accountability and Transparency Initiatives: The Governance of Natural Resources," Development Policy Review, Overseas Development Institute, vol. 31, pages 89-105, July.
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    Citations

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    Cited by:

    1. Alan R. Roe, 2018. "Mozambique—bust before boom: Reflections on investment surges and new gas," WIDER Working Paper Series wp-2018-140, World Institute for Development Economic Research (UNU-WIDER).
    2. Joanna Buckley & Neil McCulloch & Nick Travis, 2017. "Donor-supported approaches to improving extractives governance: Lessons from Nigeria and Ghana," WIDER Working Paper Series 033, World Institute for Development Economic Research (UNU-WIDER).
    3. Joanna Buckley & Neil McCulloch & Nick Travis, 2017. "Donor-supported approaches to improving extractives governance: Lessons from Nigeria and Ghana," WIDER Working Paper Series wp-2017-33, World Institute for Development Economic Research (UNU-WIDER).
    4. Patrick R.P. Heller, 2017. "Doubling down: National oil companies as instruments of risk and reward," WIDER Working Paper Series wp-2017-81, World Institute for Development Economic Research (UNU-WIDER).
    5. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series 56, World Institute for Development Economic Research (UNU-WIDER).
    6. Patrick R.P. Heller, 2017. "Doubling down: National oil companies as instruments of risk and reward," WIDER Working Paper Series 081, World Institute for Development Economic Research (UNU-WIDER).
    7. Fenton Villar, Paul, 2020. "The Extractive Industries Transparency Initiative (EITI) and trust in politicians," Resources Policy, Elsevier, vol. 68(C).
    8. Evelyn Dietsche, 2017. "Political economy and governance," WIDER Working Paper Series 024, World Institute for Development Economic Research (UNU-WIDER).
    9. Evelyn Dietsche, 2017. "New industrial policy and the extractive industries," WIDER Working Paper Series wp-2017-161, World Institute for Development Economic Research (UNU-WIDER).
    10. Alan R. Roe, 2018. "Mozambique—bust before boom: Reflections on investment surges and new gas," WIDER Working Paper Series 140, World Institute for Development Economic Research (UNU-WIDER).
    11. Evelyn Dietsche, 2017. "New industrial policy and the extractive industries," WIDER Working Paper Series 161, World Institute for Development Economic Research (UNU-WIDER).
    12. Alan R. Roe & Jeffery I. Round, 2017. "Framework: The channels for indirect impacts," WIDER Working Paper Series wp-2017-79, World Institute for Development Economic Research (UNU-WIDER).
    13. Vincent Géronimi & Claire Mainguy, 2020. "Exploitation minière et développement : des effets toujours controversés. Introduction," Mondes en développement, De Boeck Université, vol. 0(1), pages 7-29.
    14. Alan R. Roe & Jeffery Round, 2017. "Framework: The channels for indirect impacts," WIDER Working Paper Series 079, World Institute for Development Economic Research (UNU-WIDER).
    15. Alan R. Roe, 2018. "Extractive industries and development: Lessons from international experience for Mozambique," WIDER Working Paper Series wp-2018-56, World Institute for Development Economic Research (UNU-WIDER).
    16. Evelyn Dietsche, 2017. "Political economy and governance," WIDER Working Paper Series wp-2017-24, World Institute for Development Economic Research (UNU-WIDER).
    17. Azadi, Hossein, 2020. "Monitoring land governance: Understanding roots and shoots," Land Use Policy, Elsevier, vol. 94(C).

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