Authors
Gavin Hilson, Roy Maconachie
Publication date
2008/12/29
Journal
Mineral Processing and Extractive Metallurgy Review
Volume
30
Issue
1
Pages
52-100
Publisher
Taylor & Francis Group
Description
This article critically examines the challenges that come with implementing the Extractive Industries Transparency Initiative (EITI)—a policy mechanism marketed by donors and Western governments as a key to facilitating economic improvement in resource-rich developing countries—in sub-Saharan Africa. The forces behind the EITI contest that impoverished institutions, the embezzlement of petroleum and/or mineral revenues, and a lack of transparency are the chief reasons why resource-rich sub-Saharan Africa is underperforming economically, and that implementation of the EITI, with its foundation of “good governance,” will help address these problems. The position here, however, is that the task is by no means straightforward: that the EITI is not necessarily a blueprint for facilitating good governance in the region's resource-rich countries. It is concluded that the EITI is a policy mechanism that could prove to be …
Total citations
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Scholar articles
G Hilson, R Maconachie - Mineral Processing and Extractive Metallurgy Review, 2008