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African Gold

Production, Trade and Economic Development

Palgrave Macmillan
  • Examines policy issues related to gold production and how to manage them

  • Explores the continent wide linkages and networks needed to promote development in Africa

  • Discusses the complex issue of taxation within the mining industry

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-xxviii
  2. The Changing Economics of Gold

    1. Front Matter

      Pages 1-1
    2. Introduction: Incantations for a ‘Barbarous Relic’

      • Roman Grynberg, Fwasa K. Singogo
      Pages 3-19
    3. Twenty-First Century Economics of the Gold Price

      • Roman Grynberg, Fwasa K. Singogo
      Pages 21-47
    4. The ASGM Sector in Africa: Lessons from China

      • Roman Grynberg, Fwasa K. Singogo
      Pages 49-109
    5. Africa’s Toxic Alchemy

      • Roman Grynberg, Fwasa K. Singogo
      Pages 111-157
    6. Gold in South Africa: Lessons from the Apartheid Era

      • Roman Grynberg, Fwasa K. Singogo
      Pages 159-182
  3. Crime Without Punishment

    1. Front Matter

      Pages 183-183
    2. Gold, Oil and Revolution in North Africa

      • Roman Grynberg, Fwasa K. Singogo
      Pages 185-215
    3. Trade and the Smuggling of Gold from West Africa to the UAE

      • Roman Grynberg, Fwasa K. Singogo
      Pages 217-245
    4. Gold Smuggling and the Plunder of the DRC

      • Roman Grynberg, Fwasa K. Singogo
      Pages 247-278
    5. An Anatomy of Grand Fraud: The Goldenberg Scandal and the IMF/World Bank

      • Roman Grynberg, Fwasa K. Singogo
      Pages 279-313
    6. Dubai: Conflict Gold, Money Laundering and Illicit Global Trade

      • Roman Grynberg, Fwasa K. Singogo
      Pages 315-355
  4. Policy Without Content

    1. Front Matter

      Pages 357-357
    2. Taxation and Illicit Financial Flows in the Gold Mining Sector

      • Roman Grynberg, Fwasa K. Singogo
      Pages 443-469
    3. Conclusion

      • Roman Grynberg, Fwasa K. Singogo
      Pages 471-486
  5. Back Matter

    Pages 487-494

About this book

The book explores the evolving economics of gold as a global commodity as well as the production and trade of gold in and from the African continent. The growth of gold as an increasingly important and diverse source of African wealth is examined, alongside the impact that the rise of China in the 21st century has had on the demand for gold. The volatility of the gold price has increased as a result of the dramatic decline of gold demand for manufacturing purposes.

 

Gold is Africa’s second largest export after oil and is a perfect metaphor for a continent rich in resources while so much of its population lives in such dire poverty. The artisanal and small scale gold mining (ASGM) sector, is surprisingly widely perceived as being beneficial to the development of Africa despite its exploitation and dreadful health and environmental consequences.

 

African Gold: Production, Trade and Economic Development considers policy issues regarding the gold mining sector, the economics of beneficiation, the retreat of jewelry manufacturing across the continent as well as ‘Africa’s golden future’. It is a relevant book for both academics and policymakers interested in Africa, natural resource, and development economics.

Authors and Affiliations

  • Department of Economics, University of Namibia, Windhoek, Namibia

    Roman Grynberg, Fwasa K. Singogo

About the authors

Roman Grynberg is a Professor of Economics at the University of Namibia. He holds a Ph.D from McGill University, Montreal, specializing in Development Economics and Economic Theory. He is a specialist in international trade and commodities and has published extensively on commodities trade as well as the WTO.  

 

Fwasa K. Singogo is research fellow in the Economics Department at the University of Namibia. He holds an Msc. from the University of Namibia. 


Bibliographic Information

  • Book Title: African Gold

  • Book Subtitle: Production, Trade and Economic Development

  • Authors: Roman Grynberg, Fwasa K. Singogo

  • DOI: https://doi.org/10.1007/978-3-030-65995-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

  • Hardcover ISBN: 978-3-030-65994-3Published: 20 March 2021

  • Softcover ISBN: 978-3-030-65997-4Published: 20 March 2022

  • eBook ISBN: 978-3-030-65995-0Published: 19 March 2021

  • Edition Number: 1

  • Number of Pages: XXVIII, 494

  • Number of Illustrations: 54 b/w illustrations

  • Topics: Environmental Economics, African Economics, Development Economics, Industrial Organization

Buy it now

Buying options

eBook USD 99.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 129.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 129.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access