Monthly Archives: November 2017

Many Ways to Lose a Billion: SAIs and the Protection of Government EI Revenue

Resource rich countries often fail to secure a fair share of their natural resource wealth. Sometimes this is the result of weak national legislation and poorly negotiated contracts. Frequently it is the result of company strategies to minimize tax payments. A list of national-level benefits from the extractive industries includes economic growth, employment, infrastructure, corporate…
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How the Resource Governance Index Can Be Used to Audit Extractives

As I have argued in a previous blog, supreme audit institutions are natural guardians of resource governance. They have both the legal mandate and the access—at least in theory—to be an independent check on the management of extractives all along the industry decision chain. In Uganda, for example, the Office of the Auditor General has proven adept at responding…
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