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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INFORMACIÓN
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2022/07/06
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS10120
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1
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2022/07/06
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Disclosed
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The Dog that Didn’t Bark : The Missed Opportunity of Africa’s Resource Boom