Tag "extractive industries"
Book Review: Why Nations Fail
Why Nations Fail: The Origins of Power, Prosperity, and Poverty is a key book for understanding the building blocks of political risk analysis in the modern world, especially how politics
What to expect in Latin America in 2015
In 2015, Latin America’s dominant extractive industries will have to deal with lower prices and lower international demand. But with political and economic challenges building, many governments may find themselves unable
Peru proposes deregulation for extractive industries
The Peruvian government recently proposed reforms to deregulate its extractive industries. The proposed deregulatory framework shows Peru’s desperation to sustain high levels of foreign investment. Since 2000, Peru’s economy has grown the
Peru’s informal mining sector threatens economic growth
Peru faces the critical challenge of regulating the informal mining sector. Leaning on the extractive industries for private investment, the rise of an extrajudicial gold rush could jeopardize economic progress. Much
Kazakhstan Pegs Tenge to Foreign Currency Basket
Starting September 2nd, Kazakhstan will peg the tenge to a basket of foreign currencies, effectively ending the managed float that was put in place in March 2011. The basket will
The Case Against Self-Regulation in Extractive Industries
Consumers are becoming increasingly aware of international social issues and are demanding more responsible businesses. A model that is often discussed as an example of successful industry regulation is the