Political Economy of Energy and Extractive Industries in Africa (Oil and Mining)

Catalog description

Given the rising global demand for energy and resources, Africa's production of oil and solid minerals has already produced very significant positive as well as negative impacts on the continent's political, economic, and social conditions. This seminar examines the extractive industry-driven changes in Africa's political economy, as well as in the continent's foreign relations. Students will examine the institutional basis under which the expansion of the industry is taking place in Africa. This will involve discussions of the institutional characteristics of Africa, including issues of land tenure and property rights laws, how institutional systems are changing in order to facilitate the industry's expansion, and the repercussions of these changes upon society. The course also interrogates the relevance of international efforts to mitigate some of the adverse impacts of the industry. Among such efforts is the UN Guiding Principles for Business and Human Rights. Overall this seminar examines the industry's impact on Africa's socioeconomic development and global relations, and concludes with how African countries might deal with the adverse impact of the Oil and Mining industry.