Introduction

The Global and Local Governance of Extractive Resources

Bibliographic Data

ID12430499
AuthorsGilles Carbonnier (corresponding author)
Year2011
Volume17
Issue2
Pages135-147
Publication date2011-08-12
Open AccessNo
TypeARTICLE
VenueGlobal Governance A Review of Multilateralism and International Organizations (JOURNAL)
Journal identifiersISSN: 1075-2846 • E-ISSN: 1942-6720
PublisherLynne Rienner Publishers (PUBLISHER • US)
DOI10.1163/19426720-01702001
OpenAlexW349692903
LanguageEN
Citations received5
References cited1

The global governance of extractive resources has largely been shaped by the energy-security agenda of industrialized countries. It is patchy and does not properly address the specific concerns of producer, consumer, and transit countries. Rising demand coincides with a looming peak of oil production and climate change. This requires urgent and resolute collective action, which is hampered by a disconnect between geological and political temporality and realities. Extractive industries, investors, civil society, international organizations, and consumer countries can jointly provide significant political and market incentives to avert the resource curse in resource-rich, but weak states. This calls for an appropriate institutionalization of voluntary multistakeholder initiatives with greater engagement on the part of emerging economies

Business · Civil society · Collective action · Corporate governance · Development economics · Economic system · Economics · Global governance · Incentive · Market economy · Political economy · Political science · Politics · Resource (disambiguation · Resource curse · Global Energy Security and Policy · Law · Mining and Resource Management · Natural Resources and Economic Development

Tools

Open DOI