#CSVContest
#CSVContest | And the winners are…

#CSVContest | And the winners are…

We would like to thank all those who participated in the first edition of the #CSVContest. As a reminder, participants were asked to write a paper on the topic: “How can extractive industry stakeholders assure a fairer distribution of value?”. A jury from Mazars carefully reviewed all the submissions on the following criteria: Quality of the writing (clear, academic, […]

Taking a first step towards a better redistribution of value

Taking a first step towards a better redistribution of value

3.5 billion people live in resource-rich countries and the majority of them remain in poverty. Natural resources contribute substantially to a country’s wealth but many problems remain to be solved: corruption, inequality and underdevelopment. Since the independence of Papua New Guinea in 1975, 18 billion Kina (more than 5.5 billion US dollar) have been generated […]

Eradicating Corruption at Every Stage of the Welfare Creation Process

Eradicating Corruption at Every Stage of the Welfare Creation Process

In the early nineties, Richard Auty, a British economist, coined the term “resource curse”. This term addresses the phenomenon where resource-rich countries perform worse in terms of economic development than countries with fewer resources[1]. A comparison between resource-rich countries such as Nigeria, Venezuela, or Indonesia to countries like Singapore or Hong Kong is one concrete example of this […]

#CSVContest | Natural resources: How to assure a fairer distribution of value?

#CSVContest | Natural resources: How to assure a fairer distribution of value?

From Africa to Asia to South America, there are countless examples of states being caught up in what Richard Auty (1993) described as the ‘resource curse’. As the Angolan example demonstrates, natural resources abundance does not necessarily benefit the society as a whole. For decades, rentier states have managed to maintain some kind of social order through […]