CIAO DATE: 11/2012
August 2012
Columbia Center on Sustainable Investment
The Cardin-Lugar Transparency Amendment is a promising step toward ending the resource curse by improving accountability and access to information for both citizens and investors. The Amendment has run into heavy corporate opposition, and its implementation has been much delayed. However, there is a business case for mandatory transparency requirements.
Resource link: A good business reason to support mandatory transparency in extractive industries [PDF] - 82K