Recent Articles

Natural Resource Governance Institute team members are set to take part in a full slate of activities at the EITI Global Conference in Lima, Peru, 23-25 February.

Myanmar’s natural resources, including deposits of oil, natural gas, gemstones and other minerals, have attracted growing interest from foreign and domestic investors at a time of regulatory and institutional change. A newly-elected government led by the National League for Democracy (NLD) appears poised to expand on major political and economic reforms that began in 2010.

Indonesia’s petroleum and mining sectors helped power the country’s transition to middle-income status. As considerable drivers of Indonesia’s annual economic growth, extractive industries contribute about a third of exports and state revenues, generate hundreds of thousands of jobs, and fuel the growth of non-resource-based industries.

China has been included in the Top 10 list of foreign investors in Indonesia since 2014. As in many other countries, China’s interest in Indonesia is in its energy and mining sectors; more than half of its total investment has been directed toward extractive industries.

Nowhere is the importance – or the challenge – of state-owned economic enterprise management clearer than in the oil and gas sector. While Myanmar’s continued economic opening should attract more investment in this sector, these SEEs already wield outsized influence over public finances.

The prolonged oil slump that began in mid-2014 has made things complicated for Azerbaijan. The rapid decrease of oil revenues—the country’s main economic driver for the past 10 years—poses real threats to macroeconomic and financial stability in Azerbaijan.

In this era of low commodity prices, oil- and mineral-rich governments in Eurasia are under acute financial pressure.

Ukraine released its first Extractive Industries Transparency Initiative report in December 2015, an important step forward in resource governance for the country. Its publication coincided with the EITI International Secretariat meeting in the country and related events in Odessa and the capital, Kiev.

Ghana’s Minister of Finance recently presented the country’s 2016 budget, titled “Consolidating Progress Towards a Brighter Medium Term.” As the title of the budget reflects, 2015 has been a turbulent year for Ghana’s public finances. One setback was the continued drop in oil prices—a major shock since Ghana has been exporting petroleum since 2011...

NRGI’s blog received tens of thousands of unique visits this year. Below, we share the 10 most-read blog pieces of 2015. From country-specific perspectives to globally relevant policy discussions, NRGI experts offered news, insight and prescriptions over the course of the year.

In the last decade, governments of resource-rich countries like Zambia, Guinea and Mongolia have struggled to tax their extractive industries more effectively. It is a tall order—countries must design an inescapable tax regime that taxes companies more in times of high profits and allows some relief in periods when gains are low.

This photo essay is the sixth installment in NRGI's 2015 extractive industries photo documentary project, which aims to capture the complex political, environmental and social realities at resource extraction sites throughout Myanmar.


The large fall in the price of oil since mid-2014 is on the whole good news for Tanzania, which is a net importer of oil. Indeed, Tanzanian stocks are around 40 percent higher than when oil prices began falling from a peak of $115 a barrel on June 19 last year...

While headlines still narrate a woeful tale of conflict in oil-rich Libya, many actors are hard at work planning for the country’s future, once peace prevails.

This photo essay is the fifth installment in NRGI's 2015 extractive industries photo documentary project, which aims to capture the complex political, environmental and social realities at resource extraction sites throughout Myanmar.


This photo essay is the fourth installment in NRGI's 2015 extractive industries photo documentary project, which aims to capture the complex political, environmental and social realities at resource extraction sites throughout Myanmar.


In the third of a series of photo essays by six different photographers in Myanmar, Andre Malerba documents the health and economic impacts of both locally owned and corporate gold mining.


In the second of a series of photo essays by six different photographers in Myanmar, Minzayar documents the way in which jade from Myanmar makes its way, untaxed, to bustling Chinese markets.


NRGI president and CEO Daniel Kaufmann, who co-produces the Worldwide Governance Indicators published by the World Bank, discussed his recent article “Corruption Matters” with the IMF’s Bruce Edwards. Published in September in Finance & Development, the piece discusses the larger themes of governance and corruption in Latin America and elsewhere.

Confronting corruption in Latin America--one of the great development challenges the region faces--means understanding the shape it takes in respective nations. NRGI has addressed the topic extensively in the last months.

Earlier this year, Ugandan President Yoweri Museveni signed the Public Finance Management Act 2015 into law and created one of the world's newest sovereign wealth funds. While the law provides a solid framework for effective governance, several key elements are missing—elements that would determine whether Uganda will truly benefit from its oil windfalls.

In the first of a series of photo essays by six different photographers in Myanmar, Lauren DeCicca has documented the challenging circumstances faced by community members living alongside the giant copper mine.


In 2014, NRGI commissioned images by a Myanmar photographer, Minzayar, of the illegal jade miners that have flowed into the country’s northern Kachin state in pursuit of higher incomes. The project allowed thousands of viewers worldwide to connect faces to one of the most famously controversial aspects of the country’s extractive economy. Because of the attention and interest generated by Minzayar’s photos, NRGI has committed to further visually mapping extractives realities in Myanmar.

The UK and Norway oil and gas sectors provide an ideal comparison through which to compare the outcomes from different approaches to oil sector governance. The two countries have equivalent geology and a similar resource base – the North Sea Basin is effectively split down the middle between them.

The State Oil Fund of the Azerbaijan Republic (SOFAZ) was created in 1999 to promote macroeconomic stability, preserve oil revenues for future generations and channel Azerbaijan’s resource wealth into more productive assets...