Managing Resource Rents : The Special Challenges in Postconflict Countries
Resource flows from extractive industries can be a lifeline for postconflict countries, helping to fund critical reconstruction needs. But these resources present issues not found elsewhere in the economy and need to be well managed. Sector governance principles that apply to oil-producing countries in general are even more important in postconflict countries. This note discusses these principles and shows how they apply in two cases, Timor-Leste and Sudan.
Summary: | Resource flows from extractive
industries can be a lifeline for postconflict countries,
helping to fund critical reconstruction needs. But these
resources present issues not found elsewhere in the economy
and need to be well managed. Sector governance principles
that apply to oil-producing countries in general are even
more important in postconflict countries. This note
discusses these principles and shows how they apply in two
cases, Timor-Leste and Sudan. |
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