The Political Economy of Natural Resources: Governance, Conflict, and Development in Sub-Saharan Africa

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Abstract

This paper examines the political economy of natural resources in Sub-Saharan Africa, focusing on the intricate relationship between governance, conflict, and development. Despite the region's abundant natural resources, many countries continue to experience persistent underdevelopment, socio-political instability, and resource-driven conflicts. Using Political Economy Theory and Resource Curse Theory as analytical lenses, the study adopts a qualitative and analytical approach to explore how governance structures shape resource management outcomes and impact development trajectories. The analysis draws on recent empirical case studies to illustrate governance weaknesses, conflict causation, and developmental challenges. The findings highlight that poor governance mechanisms and institutional deficits exacerbate resource conflicts and impede sustainable development. Policy implications emphasize the necessity of strengthening institutions, enhancing transparency, and fostering inclusive governance to leverage natural resources for equitable growth. This research provides nuanced insights into the political and economic factors influencing resource governance and offers a framework for policy reforms geared towards sustainable development in Sub-Saharan Africa.

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