Political parties can help ensure that their country gets the best deal for the extraction of its resources, manages revenues for the long-term best interests of citizens and avoids the resource curse.
Civil society actors fighting for better resource governance must engage with reformers in government and business and speak “truth to power” with those parties hampering progress, NRGI president and CEO Daniel Kaufmann tells RAW Talks.
Since 2013, the EITI Standard has “encouraged” public disclosure of contracts. And while it is difficult to attribute causality to policy change, since the release of the 2013 EITI Standard, nine new countries released contracts, and nine enacted laws that require contract disclosure.
It has been notoriously difficult for citizens in resource-rich countries to lay hands on extractive industry contracts and licenses between their governments and private sector extractive companies. But that seems to be changing.
NRGI president and CEO Daniel Kaufmann delivered the keynote presentation at “Transparencia: Open Data and Anticorruption in Latin America,” an April 4 symposium at Harvard University. Kaufmann offered a framework to rethink and redefine the conventional view of corruption. Showing global evidence, he addressed various governance dimensions that matter and their impact on growth and development.
Last week, the EITI International Board met in Lima, Peru. Regrettably, the main headlines coming out of these meetings related to transgressions of EITI’s founding principles and procedures. Receiving less attention were six promising elements of the new EITI standard.