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Association: Name: International Studies Association URL: http://www.isanet.org
Citation: URL: http://www.allacademic.com/meta/p70685_index.html Direct Link: HTML Code:

Pegg, Scott. "Can Policy Intervention Beat the Resource Curse? Evidence from the Chad-Cameroon Pipeline Project" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii, Mar 05, 2005 <Not Available>. 2009-05-25 <http://www.allacademic.com/meta/p70685_index.html>

Pegg, S. , 2005-03-05 "Can Policy Intervention Beat the Resource Curse? Evidence from the Chad-Cameroon Pipeline Project" Paper presented at the annual meeting of the International Studies Association, Hilton Hawaiian Village, Honolulu, Hawaii Online <.PDF>. 2009-05-25 from http://www.allacademic.com/meta/p70685_index.html

Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: At first glance, an abundant endowment of lucrative natural resources like diamonds or oil would seem to be a blessing for poor countries. In reality, though, countries that are heavily dependent on natural resource exports have performed poorly on various measures of economic, social, and political development-a phenomenon usually described as the resource curse. In spite of the strong evidence supporting the resource curse, many western policymakers believe that natural resources will ultimately provide Africa's road to growth and development. As the Gulf of Guinea region is poised on the cusp of a new oil boom, the question of whether or not resource-led development can work in sub-Saharan Africa assumes new importance. Success or failure here depends greatly upon whether or not policy interventions can successfully address the resource curse. While many academics highlight the empirical failures of resource-led development, the World Bank argues that the resource curse is not inevitable and that good governance and sound economic policies are intervening variables that can mitigate its ill-effects. This paper critically evaluates the World Bank's role in the Chad-Cameroon pipeline project in order to assess whether or not such policy interventions can ameliorate the resource curse. The largest single private sector investment in sub-Saharan Africa, the Chad-Cameroon pipeline project has also featured unprecedented World Bank policy interventions designed to develop the institutional capacity to address the complex environmental, social, and budgetary implications of the project. In this sense, the Chad-Cameroon pipeline project is the World Bank's most significant attempt yet to modify the intervening variable of government policy and transform the equation from one of resource extraction + bad government policies → poverty exacerbation to one of resource extraction + good government policies → poverty reduction. Success would offer an exemplary policy model for future Bank-financed projects to follow and challenge the theoretical logic and empirical evidence behind the resource curse thesis. Conversely, failure would only add to the mounting consensus within civil society against resource-led development and reinforce the substantive body of evidence supporting the resource curse thesis. This paper establishes a framework from which to address these important theoretical and policy questions and offers preliminary conclusions based on the initial experiences of the Chad-Cameroon pipeline project.

Insulated Technocracy or Driven by Donors? The World Bank's Role in the Chad-Cameroon Oil Pipeline Project

Decoding the 2002 World Development Report: The UN governance agenda and the limiting of participation