The United Kingdom Extractive Industries Transparency Initiative
Article from: OGEL 5 (2003), in Corruption
'We need to use transparency in revenue and financial management to allow people to hold government to account and build public trust. Increased transparency will also help to create the right climate for attracting foreign investment, and encourage an enterprise culture.' Tony Blair, EITI Conference, June 2003 A paradox has been highlighted in the extractives sector in some developing countries. Oil, gas and other mineral or metal resource extraction activities in developing countries should be the basis for growth, poverty reduction and sustainable ...