Revenue Transparency Discussion Paper
Article from: OGEL 1 (2006), in Good Governance
Introduction
Insight is a large institutional investor, with investments of £3.7 billion in European extractive companies. The majority of extractives companies we invest in operate in one or more of the fifty countries often described as suffering from the 'resource curse'. Despite - or as many argue, because of - the enormous resource revenues they receive, such countries are often plagued by weak governance, poor transparency, low levels of economic development, crippling corruption and devastating conflict. Operating in these countries therefore presents extractives companies with ...