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Responding to the Challenge of Corruption in Resource-Rich Countries

  • Briefing

  • 27 August 2015

Poor governance and systemic corruption are prevalent in many resource-rich countries. Given their highly concentrated and highly profitable nature, the oil, gas and mining industries can generate the kind of political and private incentives that favor rent-seeking and institutional (or state) capture.
 
In these resource-rich countries, other sectors of the economy, as well as the overall political class, tend to have close links to the extractives sector. Because of these linkages, weaknesses in governance and corruption do not remain confined to one sector. Rather, they are a nationwide development challenge.
 
“Responding to the Challenge of Corruption in Resource-Rich Countries” describes NRGI’s evolving work on the subject.