Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/161595 
Year of Publication: 
2017
Series/Report no.: 
WIDER Working Paper No. 2017/33
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
Donor interest in the extractives sector is based upon the premise that it represents an opportunity to improve a country's development prospects. However, in many cases the presence of extractive resources is associated with poor economic performance. As a result, some donors are trying a radically different approach. This paper explores two such programmes funded by the UK Department for International Development: the Facility for Oil Sector Transparency and Reform in Nigeria, and the Ghana Oil and Gas for Inclusive Growth programme in Ghana. The paper outlines five lessons learned from these examples. First, continual analysis is essential to understand the underlying incentives of key actors. Second, interventions need to be locally led in order to provide legitimacy for reform. Third, interventions need to be flexible and adaptive. Fourth, acceptance of an element of risk is necessary. Fifth, donors need to develop a new way of measuring impact.
Subjects: 
Oil and gas
natural resources
governance
politics
aid
JEL: 
Q32
O13
O19
O55
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-257-1
Document Type: 
Working Paper

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