Research

Lifting the resource curse: Transparency of multinational enterprises

Sep 12, 2014

Countries blessed with abundant petroleum resources are often burdened by weak government and economic performance – a phenomenon known as the resource curse – and experts see the need for greater transparency. Recent regulatory initiatives call for increased multinational enterprise (MNE) transparency. Yet about 75 per cent of the world’s oil reserves are controlled by state-owned enterprises (SOEs), many of which are not subject to the transparency requirements that come with being listed on a […]

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