Overcoming the resource curse in Zimbabwe: lessons from the international experience

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dc.contributor.authorZvorufura, John
dc.date.accessioned2022-11-08T12:56:38Z
dc.date.available2022-11-08T12:56:38Z
dc.date.issued2021
dc.descriptionA research report submitted to the Faculty of Engineering and the Built Environment, University of the Witwatersrand, Johannesburg, in partial fulfilment of the requirements for the degree of Master of Science in Engineering, 2021
dc.description.abstractExploration of mineral resources in many resource-based nations had not translated into broad-based economic development. This negative relationship between resource-abundance and economic development has been termed the Resource Curse. There is extensive evidence on the existence of a resource curse in Zimbabwe despite the vast mineral resources in the country. Using sixteen case studies of resource-rich nations that have tamed the resource curse and those that have succumbed to it, this study focuses on how Zimbabwe, a resource-rich nation can overcome the resource curse. The study finds that to avoid the resource curse resource-rich nations should have strong institutions, good governance and leadership, develop economic linkages between the resource sector and the rest of the economy, the state should play only a facilitating role and the way resource rents are managed and utilised is critical. The study also highlights the importance of country or regional contextual factors. The study concludes with policy recommendations for Zimbabwe to overcome the resource curse. For the successful implementation of these, Zimbabwe needs institutional reforms, financial and human resources and stable political and macroeconomic environment.
dc.description.librarianCK2022
dc.facultyFaculty of Engineering and the Built Environment
dc.identifier.urihttps://hdl.handle.net/10539/33438
dc.language.isoen
dc.schoolSchool of Mining Engineering
dc.titleOvercoming the resource curse in Zimbabwe: lessons from the international experience
dc.typeThesis
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