Resource curse and transparency
Date
2013
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This chapter critically examines policy responses to corruption and conflict in natural resource-dependent developing countries, including conceptual linkages made between the resource curse and transparency. Available evidence suggests sufficient reasons to re-examine the assumption that increased economic transparency necessarily translates into enhanced political accountability. The mixed track record of transparency-based policies suggests other approaches towards avoiding the resource curse should also be considered. The traditional financial opacity of extractive industries enables illicit appropriation of resource rents. Correlations between natural resource dependency and intrastate conflict are explained through reference to combative financing mechanisms.
Description
Pre-print version
item.page.type
Book Chapter
item.page.format
Text
Keywords
TRANSPARENCY, ACCOUNTABILITY, RESOURCE CURSE, CORRUPTION, EXTRACTIVE INDUSTRIES, POLICY MAKING, KIMBERLEY PROCESS, NATURAL RESOURCES, TRANSNATIONAL CORPORATIONS, LEGAL FRAMEWORK, GLOBAL SOUTH, SOUTH OF SAHARA, CAMEROON, ANGOLA, OIL INDUSTRY, DODD-FRANK ACT