4. Electronic Theses and Dissertations (ETDs) - Faculties submissions
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Item Natural Resources, Productive Capabilities and Economic Performance across Sub-Saharan Countries: Economic Complexity and Product Space Perspectives(University of the Witwatersrand, Johannesburg, 2024) Kapiamba, Luabeya Franck; Odei-Mensah,JonesIn the wake of two decades referred to as ‘growth tragedy’, sub-Saharan countries entered a phase of remarkable growth acceleration starting from the mid-1990s. Despite this, sustaining rapid growth proved elusive for many, with only a handful of resource-poor nations maintaining a consistent rapid growth trajectory by the end of 2019. This study delves into the mixed outcomes suggested by empirical research on resource curse theory, critically analysing the literature on the impact of natural resources on growth. Standard empirical growth models used in this literature often overlook the heterogenous nature of economies, particularly the complexity of knowledge and capabilities embedded in countries’ productive structures. This PhD study aims to unravel the hidden growth potential and dynamics of both resource-rich and resource-poor sub-Saharan countries. Building on the capability theory of growth as a foundation, we adopt an evolutionary perspective to economics and use an extended growth regression framework that acknowledges the potential role of natural resources and country’s productive structure in growth modelling. This framework allows for a comprehensive examination of the presence or not of resource curse and other potential capability-based traps to development. Additionally, we rely on non-parametric methods, leveraging complex network theory and machine-learning techniques underpinning the economic complexity and relatedness approaches. Our findings reveal that the main obstacle to sustained growth in sub- Saharan economies is not their dependence on natural resources, but rather the limited incentives to accumulate and develop productive capabilities – “a quiescence trap”. Furthermore, resource-rich countries often possess narrow and less complex endowment of capabilities, which constrains their growth potential and leads to erratic growth patterns. These countries also face challenges in transforming their productive structures and diversifying into high value-added sectors associated with strong productivity dynamism. Our study underscores complex capabilities as a crucial element for sustaining growth in sub-Saharan Africa. It advocates a policy shift from an excessive focus on maintaining ‘sound macro fundamentals’ to prioritizing the nurturing of productive capabilities at the firm, industry, and country levels through targeted industrial and innovation policies.Item The Resource Curse and Tertiary Education Sector in Angola(University of the Witwatersrand, Johannesburg, 2022) Carrilho, VanessaResource Curse is a much-debated phenomenon that affects countries with natural resources wealth. Considering the contributions of past studies and accepting that Angola exhibits the malady, the present research seeks to understand how the problem had impacted the country’s higher education. The theoretical framework sought to understand the Resource Curse theory and its impacts on Education as well the background for the selection of study variables. Given the limitation of existing literature concerning tertiary education, a new conceptual framework was adopted to study the interconnection between variables. Similarly to most Resource Curse studies, a qualitative research method was embraced and data collection was done in two phases, sourcing primary data in the form of interviews and secondary data in form of documental analysis. The study concludes that the Resource Curse had a negative effect on tertiary education, in which the association between Resource Curse and education variables resulted in four main clusters: colonialism, civil war and institutions, weak governance and weak economy, attesting that these dimensions had impacted the higher education quality. Evidence from the results show that in the period under study (2002-2019) weak governance played a crucial role in perpetuating the deleterious effect of the previous periods by widening the gap between those with and without access to socioeconomic opportunities and welfare, including educational prospects. Strong institutions, political will and better investments are required to meet the needs of the underfunded and neglected education system and boost the quality of the education being provided if economic development is to be achieved