Natural gas, like many other natural endowments, is a finite resource. Its consumption today is a subtraction from, and detrimental to, the resources of future generations. Therefore, the extraction of finite resources must be based on, and guided by, broad and long-term considerations instead of being limited to immediate and short-term proceeds and benefits. Put differently, inasmuch as investors who devote huge financial and technological resources to prospecting for natural gas must recover their costs and profit from the activity, the immediate and short-term earnings derived from their discoveries should not be oblivious to long-term and strategic benefits for future generations in the host country.
In addressing generalized poverty, social protection strategies have taken a promotive approach whereby strategies are extended to areas such as strengthening the production capabilities of the poor. This approach emphasizes the design of public actions for helping people to manage risk and adversity, but also contributes to larger policy objectives of economic growth and poverty […]
In Quest of Inclusive Growth: Exploring the Nexus between Economic Growth, Employment, and Poverty in Tanzania
Tanzania’s impressive economic growth during the past decade has not resulted in significant poverty reduction. It is in that context that this study seeks to analyze the nexus between economic growth, employment, and poverty in a manner that contributes to the understanding of how the rate poverty reduction can be accelerated
Increasingly, setting the institutional arrangements for remunerating high public officeholders (HPOs) is seen as a central design issue for improving governance. In sub-Saharan Africa (SSA), recent efforts to review and revise national constitutions and/or introduce new government structures have brought this issue to the fore. Changes in these “grand institutions” provide rare opportunities to devise […]
This paper explores processes of economic change in rural Tanzania. It investigates some of the factors that have contributed to the adoption of innovations in economic practice in Ulanga District, Morogoro Region, since the 1990s.1 Understanding the factors which contribute to innovation is important for understanding how actual change occurs in rural areas. It also […]