Diamonds are forever, wars are not: is conflict bad for private firms?
Using microeconomic data for Angola, this paper studies the relationship between civil war and private investment in a poor, resource abundant country.
Using microeconomic data for Angola, this paper studies the relationship between civil war and private investment in a poor, resource abundant country.
Brazil’s consolidation as an emerging economy is not easily attributed to any political or economic miracle. Brazil has consciously adapted a large part of its commercial and financial strategy to changes in the global arena. As worldwide demand has grown for raw materials—especially for single-crop agriculture, oil and minerals—Brazil’s growing economy has become increasingly dependent on the export of commodities.
Recent figures from globally established indices reveal diverging perceptions about the state of transparency and corruption in South Africa.
The Extractive Industries Transparency Initiative (EITI) is sparking renewed interest and debate on issues such as transparency of government – company contracts, reporting on revenues from natural resources by company and by project, and reporting on revenue expenditure.
In the natural resources sector, laws are often formulated to regulate the relationship between men and the environment. Ideally, the law can play a vital role in regulating and protecting communities from adverse environmental and social impacts of mining, loss of land, biodiversity and natural wealth, as well as other human rights violations. Almost all countries in the Southern African Development Community (SADC) have developed laws and institutions to regulate and monitor the extraction of mineral resources and their impact on the environment and people.
This report identifies the challenges that African legislators face in overseeing their countries’ oil and mining industries, as well as best practices in use around the world and recommendations for future engagement. The report finds that international organisations, local advocacy groups, and multinational corporations have played a key role in increasing public access to information and awareness in government oversight. Also, a growing number of African legislatures are more active in the management and oversight of the extractive sector.
This key issue guide present some of the key themes around extractive industries and development. The guide is divided into the key extractive industry sectors: oil, diamonds and mining. Each section gives a brief introduction to the topic and examines some of the key challenges.
This document considers the economic impact of diamonds in South Africa, Botswana and Namibia. It states that the many global campaigns to stop trade in conflict diamonds has tended to ignore the benefits of the legitimate industry for these countries. The author describes a study that attempts to verify the claims regarding the positive aspects of the industry.
The corporate social responsibility (CSR) agenda has been a part of the global debate on socio-economic development for many decades. Countless claims have been made that CSR can contribute towards more inclusive development and the alleviation of poverty. This briefing examines the concept and role of CSR in the mining industry of South Africa. The mining case study reviewed here demonstrates that key implementation challenges are a lack of co-ordination and alignment with the government’s development plans, at both national and local level, coupled with weak monitoring and evaluation.
In the natural resources sector, laws are often formulated to regulate the relationship between men and the environment. Ideally, the law can play a vital role in regulating and protecting communities from adverse environmental and social impacts of mining, loss of land, biodiversity and natural wealth, as well as other human rights violations. Almost all countries in the Southern African Development Community (SADC) have developed laws and institutions to regulate and monitor the extraction of mineral resources and their impact on the environment and people.
The participatory rights of indigenous peoples have been at the center of conflicts over resource extraction, which have recently increased in number and intensity across Latin America. Using comprehensive empirical data about the Guaraníes’ participation in Bolivia’s gas sector, this study finds that competing claims regarding territory, property, participation, and decision making provide important explanations for contestations over consultation practices and legal norms in the country.
It argues that the main conflicts can be explained by:
UK aid money is creating an "oil curse" for developing economies, according to this new report published by Friends of the Earth, Plan B and Platform Research. Pumping Poverty accuses DFID of an aid policy that is incoherent, fails the people it is design