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001 | 211005 | ||
003 | US-djbf | ||
005 | 20210811114224.0 | ||
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008 | 020129s2017 dcu o i00 0 eng | ||
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_a9781464810060 _c _35.00 USD |
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020 | _z9781464810053 | ||
035 | _a(The World Bank)211005 | ||
040 |
_aDJBF _beng _cDJBF _erda |
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100 | 1 |
_ade la Briere, Benedicte. _926444 |
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245 | 1 | 0 |
_aFrom Mines and Wells to Well-Built Minds : _bTurning Sub-Saharan Africa's Natural Resource Wealth into Human Capital / _cBenedicte de la Briere. |
264 | 1 |
_aWashington, D.C. : _bThe World Bank, _c2017. |
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300 | _a1 online resource (202 pages) | ||
336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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_adata file _2rda |
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490 | 1 | _aDirections in Development;Directions in Development - Human Development | |
520 | 3 | _aSub-Saharan Africa's natural resource-rich countries have poor human development. Children in these countries are more likely to die before their first birthday, more likely to be stunted, and less likely to attend school than children in other countries with similar income. Despite the current price downturn, extractives will remain an important part of Sub-Saharan Africa's growth story-using resource rents wisely remains a long term challenge. Governments must choose how to allocate resource rents between spending, investing in human or physical capital, or investing in global financial assets. The return to investing in physical and human capital will be high in countries where the capital stock is low. Moreover, higher levels of human capital make investments in physical capital more productive, which suggests that the optimal portfolio will involve investing in both. Human capital should be prioritized in many of Sub-Saharan Africa's resource-rich countries because of the low starting point. Investing effectively in human capital is hard because it involves delivering services, which means coordinating a large number of actors and activities. Three dimensions of governance are key: institutions, incentives and information. Decentralization and leveraging the private sector are entry points to reforming institutional structures. Revenues from natural resources can fund financial incentives to strengthen performance or demand. Producing information, making it available, and increasing social accountability helps citizens understand their rights and hold governments and providers accountable. Improving the quality of education and health services is central to improving human capital. Two additional areas are promising. First, early child development-mother and newborn health, and early child nutrition, care, and education-improves outcomes in childhood and later on. Second, cash transfers-either conditional or unconditional-reduce poverty, increase household investments in child education, nutrition, and health, and increase the investment in productive assets which foster further income generation. | |
588 | _aDescription based on print version record. | ||
650 | 4 |
_aEducation _926445 |
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650 | 4 |
_aHuman Capital _926446 |
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650 | 4 |
_aHuman Development _926447 |
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650 | 4 |
_aInstitutions _926448 |
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650 | 4 |
_aResource Rents _926449 |
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700 | 1 |
_ade la Briere, Benedicte. _926444 |
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700 | 1 |
_aDenisova, Anastasiya. _926450 |
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700 | 1 |
_aFilmer, Deon. _926451 |
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700 | 1 |
_aRingold, Dena. _926452 |
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700 | 1 |
_aRohner, Dominic. _926453 |
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700 | 1 |
_aSamuda, Karelle. _926454 |
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776 | 0 | 8 |
_aPrint Version: _z9781464810053 |
830 | 0 |
_aWorld Bank e-Library. _926455 |
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856 | 4 | 0 | _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1005-3 |
999 |
_c5178 _d5178 |