Good governance and the extractive industries in sub-Saharan Africa

G Hilson, R Maconachie

Research output: Contribution to journalArticle

55 Citations (Scopus)

Abstract

This article critically examines the challenges that come with implementing the Extractive Industries Transparency Initiative (EITI)a policy mechanism marketed by donors and Western governments as a key to facilitating economic improvement in resource-rich developing countriesin sub-Saharan Africa. The forces behind the EITI contest that impoverished institutions, the embezzlement of petroleum and/or mineral revenues, and a lack of transparency are the chief reasons why resource-rich sub-Saharan Africa is underperforming economically, and that implementation of the EITI, with its foundation of good governance, will help address these problems. The position here, however, is that the task is by no means straightforward: that the EITI is not necessarily a blueprint for facilitating good governance in the region's resource-rich countries. It is concluded that the EITI is a policy mechanism that could prove to be effective with significant institutional change in host African countries but, on its own, it is incapable of reducing corruption and mobilizing citizens to hold government officials accountable for hoarding profits from extractive industry operations.
Original languageEnglish
Pages (from-to)52-100
Number of pages49
JournalMineral Processing and Extractive Metallurgy Review
Volume30
Issue number1
DOIs
Publication statusPublished - Jan 2009

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transparency
Transparency
Industry
resource
Blueprints
caching
corruption
Petroleum
Minerals
Africa
extractive industry
Profitability
Crude oil
petroleum
Economics
mineral
economics
policy

Cite this

Good governance and the extractive industries in sub-Saharan Africa. / Hilson, G; Maconachie, R.

In: Mineral Processing and Extractive Metallurgy Review, Vol. 30, No. 1, 01.2009, p. 52-100.

Research output: Contribution to journalArticle

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