Monday, July 12, 2010

Extractive Industries Transparency Initiative (EITI)

While researching for a project on social competitiveness indices, I came across an article that emphasized the importance of transparency in fighting corruption. The article specifically cites the Extractive Industries Transparency Initiative (EITI) and below is their introductory video:

EITI - Making resources work for people from EITI International on Vimeo.



It is encouraging to see that a simple governance process such as independent reconciliation between company records and government records builds the necessary infrastructure to reduce corruption.

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