UNU Research Brief Number 1, 2010

Habiyaremye, Alexis and Soete, Luc (2010). UNU Research Brief Number 1, 2010. Research Briefs. United Nations University.

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  • Sub-type Research brief
    Author Habiyaremye, Alexis
    Soete, Luc
    Title UNU Research Brief Number 1, 2010
    Series Title Research Briefs
    Publication Date 2010
    Place of Publication Tokyo
    Publisher United Nations University
    Pages 8
    Language eng
    Abstract Before the current global recession, many resource-rich African countries were recording unprecedented levels of growth due to a raw material price boom. However, the collapse in raw material prices and the ensuing severe economic difficulties have again exposed the vulnerability of these countries’ natural resource export-focussed economic structures. In this research brief, we describe how Africa’s abundance of natural resources attracted disruptive and predatory foreign forces that have hindered innovation-based growth and economic diversification by delaying the accumulation of sufficient stocks of human capital. We suggest that for their long-term prosperity, resource-rich African countries shift their strategic emphasis from natural to human resources and technological capabilities needed to transform those natural resources into valuable goods and services to compete in the global market.
    UNBIS Thesaurus ECONOMIC CRISIS
    RAW MATERIALS
    ECONOMIC GROWTH
    ECONOMIC LAG
    ECONOMIC DEPENDENCE
    NATURAL RESOURCES
    AFRICA
    Copyright Holder United Nations University
    Copyright Year 2010
    Copyright type Creative commons
    ISSN 1816579
    ISBN 9789280835
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    Created: Tue, 30 Nov 2021, 11:32:18 JST