State-Owned Enterprises

State-owned companies are major players in the oil and mining sectors in dozens of oil- and mineral-rich countries. When well-managed, these companies can promote the effective use of natural resources as fuel for national development. Too often, though, national oil and mining companies are managed opaquely, becoming sources of corruption or barriers to efficient development of the country's oil or mining reserves.

RWI has conducted extensive policy research on how national companies are managed, their relationships with other government bodies and with the country's citizens. RWI's analysis focuses on the steps that resource-rich countries can take to improve the transparency of state-owned companies and develop effective checks and balances that help them carry out their roles effectively. This work focuses particularly on the challenges of developing effective national companies in countries with low levels of administrative capacity and human resources, where traditional models based on what has worked in more advanced economies may not fit.