Information Center: Oil, 2010

Results 1 - 10 of 19

Results

Atkinson, Andrew
November 18, 2010

Report that focuses on the economy, politics and social development of Equatorial Guinea. It describes the current government, how the economy is growing, the different sectors of the economy and the different social classes that exist in Equatorial Guinea.

Extractive Industries Transparency Initiative
Peter Eigen
April 29, 2010

Letter regarding the EITI Board's decision not to grant an extension on the EITI Validation deadline for Equatorial Guinea. Equatorial Guinea is therefore no longer considered an EITI implementing country.

Joseph Kraus
January 9, 2010

Corporate Social Responsibility (CSR), as both a concept and programmatic activity, has grown rapidly. Yet despite its proliferation, there remains a lack of empirical studies that assess CSR’s ability to generate sustainable development. Proponents of CSR christen it the new development paradigm and the solution to 50 years of failed development efforts based on their view that multinational corporations are the only entities in the world with the technology, resources, capacity, and global reach necessary to effectively accomplish sustainable development. Critics, on the other hand, condemn CSR as corporate window dressing that fails to address the root causes of underdevelopment. In reality, insufficient empirical evidence of CSR efforts in developing countries exists to draw any definitive conclusions about their impacts on development. This study, drawing upon fieldwork in Equatorial Guinea, assesses the strengths and weaknesses of CSR projects implemented in a developing country context. Among other findings, this study suggests that CSR programs can represent a mechanism for pressuring recalcitrant governments to invest greater financial and human capital in social service programs, but they also can be used for public relations purposes by political regimes with poor human rights and governance records to improve their images with both international and domestic audiences.

Gustaf Salomonsson, and Oscar Sandberg
January 25, 2010

This thesis identifies and studies the effects of the natural resource curse on Equatorial Guinea by applying three typical theoretical phenomena to the Equatoguinean context: Dutch Disease, volatility of prices and institutional effects. The results show that Equatorial Guinea has very weak institutions and suffers from symptoms of Dutch Disease, but that the country so far has managed to avoid the debt burden related to the volatility of oil prices. It is concluded that Equatorial Guinea is negatively affected by the natural resource curse. Finally, possible remedies are discussed and the importance of improving the institutional framework is underlined.

International Monetary Fund
April 30, 2010

Economic and social development indicators and discussions published annually by the IMF.

The New York Times
STEVEN ERLANGER
October 8, 2010

The United States has put forward a resolution at the board meeting of the United Nations’ main cultural and education organization calling for the withdrawal of a lavish prize offered by an African dictator and the return of the money.

May 20, 2010

EG Justice held a roundtable discussion in Washington D.C. between members of Equatoguinean and international civil society organizations.

Ben Farey
November 17, 2010

This article details the Equatoguinean government's new policy of "open house" contracts, in which oil companies can negotiate directly and immediately with the government instead of waiting to participate in a new licensing round.

February 26, 2010

Tutu Alicante speaks with the Pulitzer Center about the U.S. Senate investigation into money laundering by Equatoguinean government officials into the U.S. and how the case demonstrates the need for greater revenue transparency to curb corruption.

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