REVENUE WATCH INSTITUTE PROJECTS
Revenue Watch promotes transparent, accountable and effective management of natural resource wealth to help countries avoid the "resource curse." We take a comprehensive approach to improving governance and development across the entire value chain, from with the organization of extractive production, revenue generation, and revenue management, and through to the expenditure processes and development outcomes in these resource rich countries.
We have played a central role in nurturing and building the capacity of the transparency and accountability movement in producing countries for the past five years, as a leader in the ongoing promotion and internationalization of the Extractive Industries Transparency Initiative (EITI); through support for a growing body of research on best practices in revenue management; and through local partnerships to create savings and expenditure strategies for natural resource windfalls, among many other initiatives.
Learn more about RWI Projects below.
Revenue Transparency
The linkages between resource wealth, poverty, conflict and corruption–the so-called "resource curse"–are well documented. Public information and public accountability are the best guarantee that a country's resource wealth will translate into lasting benefits for its citizens over time.
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Expenditure Transparency
It is impossible to ensure proper management of natural resource wealth by looking exclusively at revenues. Transparent and accountable management and expenditure of public funds is essential to addressing the poverty, corruption and autocracy that too often plague resource rich countries.
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Iraq
Iraq, a nation of 25 million people, holds the second largest oil reserves in the world. But the pervasive violence, mismanagement and abuse of recent years have denied its people any lasting benefits from this wealth.
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Peru
Overall, Peru performs much better than many resource abundant countries in both revenue and expenditure transparency, thanks to a legal framework that guarantees citizens access to basic information about oil, gas and mining revenues and their distribution and usage.
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PUBLICATIONS
 Escaping the Resource CurseToo often, developing nations with natural resource wealth face greater conflict, corruption, and poverty than developing nations without an abundance of oil, gas or minerals. There are solutions to this "resource curse," but not without fundamental political changes.Read more about Escaping the Resource Curse and order copies online ... |