Roman Grynberg,Fwasa K. Singogo
African Gold: Production, Trade and Economic Development
African Gold: Production, Trade and Economic Development
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Excellent- More about African Gold: Production, Trade and Economic Development
The book explores the evolving economics of gold as a global commodity, the production and trade of gold in and from Africa, and the impact of the rise of China on the demand for gold. It also examines the volatility of the gold price and theartisanal and small-scale gold mining sector in Africa, which is perceived as beneficial to the development of the continent despite its exploitation and health and environmental consequences.
Format: Paperback / softback
Length: 494 pages
Publication date: 20 March 2022
Publisher: Springer Nature Switzerland AG
The book delves into the intricate dynamics of gold as a global commodity, examining its production, trade, and economic significance within the African continent. It explores the remarkable growth of gold as a vital and diverse source of African wealth, alongside the profound impact of China's rise in the 21st century on the global demand for gold. The fluctuating gold price has been exacerbated by the significant decline in gold demand for manufacturing purposes, leading to increased volatility in the market.
Gold, as Africas second-largest export after oil, serves as a poignant metaphor for a continent brimming with resources yet plagued by widespread poverty. The artisanal and small-scale gold mining (ASGM) sector, despite its exploitative nature and detrimental health and environmental consequences, is surprisingly perceived as a beneficial force for African development.
African Gold: Production, Trade, and Economic Development addresses critical policy issues related to the gold mining sector, the economics of beneficiation, the decline of jewelry manufacturing across the continent, and the prospects for Africa's golden future. This book appeals to scholars and policymakers with interests in Africa, natural resources, and development economics, providing valuable insights into the complex interplay between gold, economic development, and the African continent.
Weight: 681g
Dimension: 210 x 148 (mm)
ISBN-13: 9783030659974
Edition number: 1st ed. 2021
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