The importance of good natural resource management

Natural resource governance is a major source of conflict. The Revenue Watch Institute proposes a governance index by country – or state, for example Alberta, Canada – reflecting the efficiency, transparency and accountability of authorities in the management of oil, gas and mineral resources for the public good. It shows what needs to be done in many regions of the world. Unsurprisingly, most of the events selected in this short chronology of the year 2014 concern the lowest rated areas.

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