Diamond mining, governance initiatives and post-conflict development in Sierra Leone

Roy Maconachie

Global Development Institute Working Paper Series from GDI, The University of Manchester

Abstract: Global financial markets are subject to a complex web of soft law rules and standards called IntThis paper critically examines some of the main challenges associated with facilitating ‘good governance’ in small-scale diamond mining communities, focusing on the experience of Sierra Leone. Two recent governance initiatives in the country’s diamond sector are reviewed: the Kimberley Process Certification Scheme (KPCS) for rough diamonds and the Diamond Area Community Development Fund (DACDF). The analysis considers some of the broader lessons which have emerged, as Sierra Leone currently attempts to launch a third governance initiative: the Extractive Industries Transparency Initiative (EITI). It is argued that the introduction of complex monitoring processes represents significant challenges for a country which is emerging from a long period of conflict and isolation, is suffering from serious shortages in human capacity, and where good governance, accountability and transparency will undoubtedly take considerable time to develop.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hummedia.manchester.ac.uk/institutes/gdi/pu ... wpi/bwpi-wp-5008.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bwp:bwppap:5008

Access Statistics for this paper

More papers in Global Development Institute Working Paper Series from GDI, The University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Rowena Harding ().