Wednesday, November 24, 2010

Good deal bad deal: Report of the Conference "Illegal Trade in Natural Resources"

This report argues that natural resources are the backbone of the global economy and many emerging economies are based on expiring natural resources to industrialized countries fueling global markets in much needed raw materials. However, the income generated should be used to serve development needs, for example to finance the construction of infrastructures or programmes for poverty alleviation. However, some lack the capacity or the legitimacy to regulate the exploitation of these assets. In these cases, natural resources can become a cause for corruption, social disputes and even violent conflicts. Visit the environ security site for more details.

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