natural resources
#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 […]

Towards a more equal distribution of value? A look into the extractive industry in Africa

Towards a more equal distribution of value? A look into the extractive industry in Africa

The benefits that local populations receive from mining profits are extremely varied. Driven to act by international pressure, several states have turned to a more equal redistribution of that revenue, calling on external experts to help them transition to this new model. If places such as Alaska or Norway have led the way in making […]