000 03247namaa2200385uu 4500
001 doab122473
003 oapen
005 20260305123954.0
006 m o d
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008 231118s2024 xx |||||o ||| 0|eng d
020 _a9780192849052
020 _aoso/9780192849052.001.0001
024 7 _a10.1093/oso/9780192849052.001.0001
_2doi
040 _aoapen
_coapen
041 0 _aeng
042 _adc
072 7 _aKCVD
_2bicssc
720 1 _aRadley, Ben
_4aut
245 0 0 _aDisrupted Development in the Congo
_bThe Fragile Foundations of the African Mining Consensus
260 _aOxford
_bOxford University Press
_c2024
300 _a1 online resource (224 p.)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCritical Frontiers of Theory, Research, and Policy in International Development Studies
506 0 _aFree-to-read
_fUnrestricted online access
_2star
520 _aSince the turn of the century, low-income African countries have undergone a process of mining industrialization led by transnational corporations. The process has been sustained by an African Mining Consensus uniting international financial institutions, African governments, development agencies, and various strands of the academic literature. The Consensus holds that transnational mining corporations are best placed to drive structurally transformative processes of mining-based development on the continent. State-owned enterprises and local forms of labour-intensive mining are deemed unsuitable. The former is characterized as corrupt and mismanaged, and the latter as an inefficient, subsistence activity with links to conflict financing. Through a detailed case study of gold mining in the Democratic Republic of the Congo, Disrupted Development in the Congo reveals the fragile foundations on which this consensus rests. The book documents how foreign mining corporations in the Congo have been prone to mismanagement, inefficiencies, and rent-seeking, and implicated in fuelling conflict and violence. In addition, the book details how structural impediments to the transformative effects of mining industrialization in low-income settings occur irrespective of ownership and management structures. In light of these constraints, and the levels of overseas surplus extraction and domestic marginalization associated with foreign-owned industrial mining, a shift to domestic-owned forms of mining-based development would better meet the needs of low-income African economies for rising productivity, labour absorption, and the domestic retention of the value generated by productive activity than the currently dominant but disarticulated and disruptive foreign corporate-led model.
540 _aAll rights reserved
_uhttp://oapen.org/content/about-rights
546 _aEnglish
650 7 _aAgricultural and rural economics
_2bicssc
653 _aAfrica, Congo, mining, industrialization, development, corporations, labour, global value chains, conflict, gold
793 0 _aDOAB Library.
856 4 0 _uhttps://directory.doabooks.org/handle/20.500.12854/122473
_70
_zFree-to-read: DOAB: description of the publication
999 _c93252
_d93252