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Extractive industries and corruption: Investigating the effectiveness of EITI as a scrutiny mechanism

机译：采掘业与腐败：调查EITI作为审查机制的有效性

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摘要

The resource curse literature suggests that many countries have failed to exploit their natural resource wealth to finance the growth of their economies. Developing countries appear to be most affected. It is believed that poor governance, including lack of transparency, poor accountability to citizens and corruption, are the main culprits. In 2002, an international initiative sponsored by the UK government and backed by activist groups launched the Extractive Industries Transparency Initiative (EITI) with a view to mitigating the potential negative effects of resource wealth. The objective of this study is to investigate the effectiveness of this initiative that has gained much traction as a scrutiny mechanism for corruption control. In particular, this paper addresses two key questions: First, what are the observable factors that lead a country to voluntarily join the EITI? Second, does EITI membership leads to greater corruption control? Using the Worldwide Governance Indicators (WGI) control of corruption index, we find that EITI membership has not resulted in reduced corruption scores. (C) 2016 Elsevier Ltd. All rights reserved.
机译：资源诅咒文献表明，许多国家未能利用其自然资源财富来为其经济增长提供资金。发展中国家似乎受影响最大。人们认为，主要的罪魁祸首是治理不善，包括缺乏透明度，对公民的问责制和腐败。 2002年，由英国政府赞助并得到激进主义者团体支持的一项国际倡议发起了《采掘业透明度倡议》（EITI），目的是减轻资源财富的潜在负面影响。这项研究的目的是调查该计划的有效性，该计划作为控制腐败的审查机制而受到广泛关注。特别是，本文解决了两个关键问题：首先，导致一个国家自愿加入EITI的可观察因素是什么？第二，EITI成员资格是否会导致更大程度的腐败控制？使用全球治理指标（WGI）对腐败指数的控制，我们发现EITI成员资格并未导致腐败评分降低。 （C）2016 Elsevier Ltd.保留所有权利。

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