Abstract
The Extractive Industries Transparency Initiative (EITI) is a voluntary initiative that supports improved governance in resource-rich countries through the verification and full disclosure of company payments and government revenues from oil, gas, and mining. As the EITI is a voluntary initiative and not a formal organization, there is no membership in the strict sense. It rather invites resource-rich countries to become candidates for validation. The EITI Conference is the highest governing body of the initiative. The EITI is supported bilaterally through contributions from individual governments, and through the EITI Multi-Donor Trust Fund, which is managed by the World Bank. The prudent management of natural resource wealth is central to economic development in resource-rich countries and highly important for international peace and security more broadly. Keywords: Extractive Industries Transparency Initiative (EITI); international peace; transnational economic governance; World Bank
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
