El precio del cobre se cuadruplicó entre el 2003 y el 2006, lo cual dio a Chile, el mayor productor del mundo, ingresos inesperados durante esos años. Pero, como ya es sabido, la bonanza experimentada gracias al cobre y a otros commodities no ha durado y los precios han disminuido desde entonces.
"State capture" is defined as the efforts of individuals or firms to shape the formation of laws, policies, and regulations of the state to their own advantage by providing illicit private gains to public officials.
Where there is free and equal access to political power, there are stronger laws, institutions and practices in place to help realize the full value of resource extraction and to manage resulting revenues. This guide shows how political parties can better devise policy platforms for resource governance.
The weaker price outlook has plunged potential investments in Tanzania’s promising offshore gas sector into uncertainty, and reduced the likelihood that gas will have a major impact on Tanzanians’ well-being. This revised outlook also impacts important policy decisions the government must make about the management of public finances.