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Extractive industries in fragile states and the role of market incentives and regulation

Author

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  • Gilles Carbonnier

    (Graduate Institute, Geneva, Switzerland)

Abstract

This article considers the so-called resource curse plaguing fragile states with abundant extractive resources. It critically assesses the assumption that nonstate actors such as extractive industries, civil society organizations, and investors have the ability to exert effective pressure on—and can significantly assist—governments in promoting transparency, accountability, and sound management of extractive revenues. As a contribution to this under-researched area, the role of economic actors (extractive industries, investors, financial institutions, consumers) and the effect of market incentives and regulation is examined.

Suggested Citation

  • Gilles Carbonnier, 2010. "Extractive industries in fragile states and the role of market incentives and regulation," Economics of Peace and Security Journal, EPS Publishing, vol. 5(2), pages 30-37, July.
    • Handle: RePEc:epc:journl:v:5:y:2010:i:2:p:30-37
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    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/117
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    More about this item

    Keywords

    Peace; security; natural resources;
    All these keywords.

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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