The Weak Link: The Role of Local Institutions in Accountable Natural Resource Management in Peru, Senegal, Ghana and Tanzania
Presented by Oxfam America
According to World Bank figures natural resource rents in developing countries are worth just under five times the total global aid budget. There are, however, significant challenges to making sure these potential revenues are used to fight poverty. With support from the Bill and Melinda Gates Foundation, Oxfam has recently completed a study looking at the political economy that shapes how revenues are managed within Peru, Senegal, Ghana and Tanzania. The research reveals that despite the notable differences across these four countries, they all face a remarkably similar set of stubborn political and economic barriers to improving extractive revenue management. Analyzing these barriers holds important lessons for stakeholders seeking to improve accountability in the extractive sector in order to alleviate poverty in these resource rich countries.
Please join Oxfam for a special panel discussion of the research findings and their lessons for future.
James Morrissey (Oxfam America)
Albert Kan Dapaah (FAT Africa)
Mark Henstridge (Oxford Policy Management)
Kimberly Pfeifer (Oxfam America, Moderator)