Myanmar’s state-owned economic enterprises regularly generate approximately 50 percent of the government's fiscal revenues and spend as much in the domestic economy. But there are governance problems, which this report addresses with recommended reforms.
Deals in the oil, gas and mining sectors may be worth billions of dollars over decades. Yet there is surprisingly little systematic guidance for ensuring transparency in allocating and managing the rights to explore for and exploit natural resources.
NRGI is proud to announce the arrival of Petronia, an interactive online course unlike any other in the resource governance field, where learners can “play” at influencing resource governance outcomes in a simulated context.
The index measures the quality of resource governance in 81 countries that together produce 82 percent of the world’s oil, 78 percent of its gas and a significant proportion of minerals, including 72 percent of all copper. It is the product of 89 country assessments (eight countries were assessed in two sectors), compiled by 150 researchers, using almost 10,000 supporting documents.
Publishing these contracts will create space for much-needed public scrutiny of deals that can be worth billions of dollars to the people of Nigeria. It also provides an important opportunity for the government and companies to build public trust in the petroleum industry.
The Charter is a set of principles for governments and societies on how to best harness the opportunities created by extractive resources for development. It is not a recipe or blueprint for the policies and institutions countries must build, but instead provides the ingredients successful countries have used.
