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Global and Local Policy Responses to the Resource Trap

Global and Local Policy Responses to the Resource Trap Global Governance 17 (2011), 247–264 Global and Local Policy Responses to the Resource Trap Gilles Carbonnier, Fritz Brugger, and Jana Krause This article examines the most significant international policy responses that seek to address the resource trap and spur development in resource- rich, but fragile states. It applies a regime theoretical framework to assess recent multistakeholder initiatives within the extractive sector by focusing on the processes through which they seek to alter the behavior of public and private organizations. Based on a review of the Nigerian and Azeri cases, the article finds that civil society often does not have the capacity to live up to the high expectations placed on it by these initiatives. The effec- tiveness and eventual success of multistakeholder initiatives in the extractive sector require exploring alternative pathways to affect behavior of key ac- tors. Stronger market incentives and regulation can provide the conditions required for extractive activities to result in positive development outcomes. KEYWORDS: civil society, Extractive Industries Transparency Initiative, multi- stakeholder initiatives, Nigeria, Azerbaijan, regime theory, resource curse. ENERGY SECURITY RANKS AMONG THE TOP PRIORITIES OF THE ORGANISATION for Economic Co-operation and Development (OECD) and emerging economies alike, whose foreign relations agenda is often http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Governance: A Review of Multilateralism and International Organizations Brill

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1075-2846
eISSN
1942-6720
DOI
10.1163/19426720-01702010
Publisher site
See Article on Publisher Site

Abstract

Global Governance 17 (2011), 247–264 Global and Local Policy Responses to the Resource Trap Gilles Carbonnier, Fritz Brugger, and Jana Krause This article examines the most significant international policy responses that seek to address the resource trap and spur development in resource- rich, but fragile states. It applies a regime theoretical framework to assess recent multistakeholder initiatives within the extractive sector by focusing on the processes through which they seek to alter the behavior of public and private organizations. Based on a review of the Nigerian and Azeri cases, the article finds that civil society often does not have the capacity to live up to the high expectations placed on it by these initiatives. The effec- tiveness and eventual success of multistakeholder initiatives in the extractive sector require exploring alternative pathways to affect behavior of key ac- tors. Stronger market incentives and regulation can provide the conditions required for extractive activities to result in positive development outcomes. KEYWORDS: civil society, Extractive Industries Transparency Initiative, multi- stakeholder initiatives, Nigeria, Azerbaijan, regime theory, resource curse. ENERGY SECURITY RANKS AMONG THE TOP PRIORITIES OF THE ORGANISATION for Economic Co-operation and Development (OECD) and emerging economies alike, whose foreign relations agenda is often

Journal

Global Governance: A Review of Multilateralism and International OrganizationsBrill

Published: Aug 12, 2011

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