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Transparent Governance in an Age of Abundance: Experiences from the Extractive Industries in Latin America and the Caribbean (Executive Summary)

Malaika Masson, Martín Ardanaz, María José Jarquín, Martin Walter, Lenin Balza, Jordan Kyle, Juan Carlos Quiroz, Ramón Espinasa, Tira Greene, Osmel Manzano, Raul Jimenez Mori, Mark Regis, Michael Ross, Pablo Valverde Martínez, Diego Arisi, Heather A. Lowe, Juan Cruz Vieyra, Ana Carolina González Espinosa and Rhea Brathwaite

No 6682 in IDB Publications (Books) from Inter-American Development Bank

Abstract: During the last decade, the Latin American and Caribbean region has experienced unprecedented natural resources abundance. This book highlights how transparency can help realize the benefits and reduce negative externalities associated with the extractive industries in the region. A central message is that high-quality and well-managed information is critical to ensure the transparent and effective governance of the sector. The insights from experiences in the region can help policymakers design and implement effective regulatory reforms and adopt international standards that contribute to this goal. This is particularly important at a time when the recent boom experienced by extractives in the region may be coming to an end.

Keywords: Petroleum industry and trade; Gas industry; Transparency in government; Mineral industries; Government policy; Fuel trade (search for similar items in EconPapers)
JEL-codes: H71 Q38 H50 L72 Q33 O54 Q32 L71 (search for similar items in EconPapers)
Date: 2020
ISBN: 9781597821872
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