Researchers examined 52 oil- and mineral-backed loans from China, commodity traders and other lenders to sub-Saharan African and Latin American countries. The analysis of the loans, which totaled $164 billion between 2004 and 2018, has exposed clear risks and opportunities that come with this type of borrowing mechanism.
Fiscal rules—permanent quantitative constraints on government finances—are an important tool to help mitigate the macroeconomic challenges associated with managing natural resource revenues. This paper sheds light on large gaps in compliance and oversight of fiscal rules, and provides policy recommendations on how fiscal rules can be further strengthened.
A new report by the Openness in Natural Resource Working Group indicates that countries make more natural resource commitments compared to other sectors like health or education.
Os países da América Latina, cada um à sua maneira, optaram por intensificar ainda mais os processos extrativos, aproveitando-se do superciclo para realizarem novas concessões, investimentos, ampliação da produção e da renda extrativa capturada, gerando diversos conflitos.
Este reporte tiene la finalidad de aportar argumentos para un debate ordenado sobre la manera como el final del llamado “súper ciclo” de las commodities y la implementación de las políticas de “carrera hacia el fondo” reafirman o redefinen las agendas de la sociedad civil frente a las industrias extractivas.
Oversight actors can detect and prevent corruption in the oil, gas and mining sectors if they ask the right questions. Corruption schemes can be complex and opaque, yet clear patterns and similar signs of problematic behavior do exist across resource-rich countries.
