CRS Publications: Extractive Industries
Welcome to our Extractive Industries publications page, where you'll find several CRS Extractive Industries program resources. Additional publications, which relate to other technical areas of service, can be found by clicking on the appropriate sidebar link.
Chad’s Oil: Miracle or Mirage: Following the Money in Africa’s Newest Petro-State
Ian Gary, Nikki Reisch — 2005
The controversial Chad-Cameroon Oil Development and Pipeline Project was widely seen as a test case for how a country could overcome the “resource curse” by consciously using oil production revenues to reduce poverty. The $4.2 billion project, with its 665-mile pipeline was led by Exxon-Mobile with financing from the World Bank and the International Finance Corporation. Calls from CRS and other international organizations working together with the Catholic Church, local organizations, and affected communities in Chad and Cameroon led to some changes in the project, including improvements in environmental and social impact measures and a requirement that the government of Chad dedicate the majority of the oil revenues it received to health, education and other poverty reduction programs.
Language: English (1727K) | French (1577K) |Bottom of the Barrel: Africa’s Oil Boom and the Poor
Ian Gary , Terry Lynn Karl — 2003
This landmark publication helped draw international attention to the effects that petroleum extraction can have on the world’s poor – when it is not well managed. This book addresses two fundamental questions. How can Africa’s oil boom contribute to alleviating poverty? What policy changes should be implemented to promote the management and allocation of oil revenues in a way that will benefit ordinary Africans? Now, as we are facing sky-rocketing oil prices, while at the same time we are seeing increasing instability in some oil-rich nations and increasing levels of poverty in others, these questions have significant consequence for millions of people in both poor and rich countries all over the world.
Executive Summary: Bottom of the Barrel: Africa’s Oil Boom and the Poor
Ian Gary , Terry Lynn Karl — 2003
This landmark publication helped draw international attention to the effects that petroleum extraction can have on the world’s poor – when it is not well managed. This book addresses two fundamental questions. How can Africa’s oil boom contribute to alleviating poverty? What policy changes should be implemented to promote the management and allocation of oil revenues in a way that will benefit ordinary Africans? Now, as we are facing sky-rocketing oil prices, while at the same time we are seeing increasing instability in some oil-rich nations and increasing levels of poverty in others, these questions have significant consequence for millions of people in both poor and rich countries all over the world.
