The continent of Africa is rich in minerals needed by Western economies. Yet the mining industry contributes very little to African development.
Investigating the impact of the 2003 Extractive Industries Review on a number of African countries, the contributors find that a key dimension of the problem lies in the regulatory frameworks imposed on African countries by the International Monetary Fund and the World Bank. They aim to convince academics, governments, and industry that regulation needs to be reformed to create a mining industry favourable to social and economic development and environmental protection.
The book takes a multidisciplinary approach and provides an historical perspective of each country, making it ideal for students of development studies.
Bonnie Campbell is Professor of Political Economy at the Université du Québec à Montréal, where she holds the Research Chair on Governance and Aid for Development. She has been a member of the International Study Group of the United Nations Economic Commission for Africa on the revision of mining codes in Africa (2007-2009) and has advised the Canadian government on corporate social responsibility in the extractive sector in developing countries.