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Library The World Bank's Evolutionary Approach to Mining Sector Reform

The World Bank's Evolutionary Approach to Mining Sector Reform

The World Bank's Evolutionary Approach to Mining Sector Reform

Resource information

Date of publication
mei 2014
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/18288

In this report, in addition to aggregate
results, six brief case studies are used to highlight the
impact of Bank supported mining sector reform on various
indicators at different links of the value chain. These
include: the impacts on investment; production and
employment in Argentina; institutional capacity building in
Papua New Guinea; production and fiscal revenues in
Tanzania; community and regional development in Madagascar;
mining sector reform and sustainable development in
Mongolia; and mining and resource corridors in Liberia. The
reforms of the 1990s and early 2000s, which focused on
increasing investment and building regulatory capacity, have
often had spectacular results with respect to investment and
good results with respect to institution building. The work
on increasing the efficiency and transparency of fiscal
regimes has also achieved significant success, although it
is still too early to make a final assessment. While the
mining sector-specific aspects of the management and
allocation of fiscal revenues are still in early days, there
do seem to have been important impacts on poverty reduction
and sustainable development in a number of countries that
have undergone mining reform, although there has been an
insufficient passage of time to make definitive judgments.

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