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.
Regulatory and public pressure to increase transparency about the real people who own, control, or gain substantial economic benefits from companies—also known as beneficial owners—is growing globally.
"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.
In July 2015, Tanzania passed three pieces of legislation which lay the foundations for strong governance of the oil and gas sector. The passing of these acts is a positive step, but there is still much to be done.