Time for Transparency
Article from: OGEL 2 (2004), in Good Governance
What is the problem? Governments of resource-rich developing countries often do not provide information about their revenues from natural resources, nor do multinational extractive companies publish information about payments made to the governments of those countries. Such opacity hides billions of dollars worth of financial impropriety, as this report reveals. Why does it matter? Ordinary citizens, the real owners of natural resources, are left without the information to call their governments to account over the management of their revenues. Dispossessed, they ...