Friday, December 13, 2013

Making Earth's Riches Work for Poor and Fragile Countries

World Bank webcast: At least 80 percent of countries considered fragile or affected by conflict are home to valuable extractive resources that the global economy hungers for. Earth’s riches like oil, gas, and minerals often fuel conflict, trapping all but the elites in poverty amid vast wealth.
Creating good governance, including citizen participation and ensuring that economic dividends translate into equitable development is key to managing the extractives industry, especially in situations where there is conflict. A high-level panel of industry experts and representatives from CSOs and resource rich nations will grapple with the challenges that define poverty or prosperity in a fragile country.


Prime Minister, the Democratic Republic of Congo
Prime Minister, Timor-Leste
Minister of International Development, Norway
President, Revenue Watch Institute
Executive Vice President for Social Performance, Shell
Chair, the Extractives Industry Transparency Initiative
Managing Director & Chief Operating Officer, World Bank Group
Newsweek’s Middle East Editor, Author

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