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Resource-based African Development Strategy - Partnership to Cut ...

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Managing Windfall RentsRADS• Windfall mineral rents need <strong>to</strong> beequitably appropriated (rate of returntax regime, as per oil & gas sec<strong>to</strong>r).• However, large forex inflows coulddis<strong>to</strong>rt the economy y( (Dutch Disease).Need a method of inflowsmanagement:• “Stabilisation” or “Future” Funds forinvestment in long-term <strong>African</strong>infrastructure t (c.f. Pan-<strong>African</strong> InfraFund: PAIDF)?<strong>Resource</strong>-<strong>based</strong> <strong>African</strong> <strong>Development</strong> <strong>Strategy</strong>

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