Governance and Policy Framework for Extractive Industries' Performance
Article from: OGEL 3 (2008), in Good Governance
The Imperative of Social Acceptance and Economic Contribution
It is hardly a coincidence that those countries blessed with the greatest natural resources in general, and mining in particular, also are seen to have the highest levels of corruption and poor economic performance. In fact, Transparency International's Bribers Payers Index, which ranks the leading exporting countries and sectors in terms of the degree to which their companies are perceived to be paying bribes abroad, indicates that corruption is widely seen as playing a significant role in international trade. Particularly disturbing is the high corruption associated with ...