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In early February, the government of Mongolia went to the nation's mobile phone subscribers with a seemingly simple opinion poll. To stabilize the value of its declining currency, should Mongolia (1) advance the Oyu Tolgoi mine and other large-scale development projects, or (2) reduce expenditures and consumption, and instill economic discipline? As their economy faltered, citizens essentially faced a choice between foreign investment or austerity measures. "Let's decide together," the survey entreated potential respondents.

The IMF is in the process of issuing a new Fiscal Transparency Code (FTC) to replace its Code of Good Practices on Fiscal Transparency. The existing code forms part of the IMF’s guidance on fiscal transparency to its member countries. It is used to prepare voluntary country reports, which guide IMF policy discussions with national authorities and provide valuable information on countries’ adherence to internationally recognized standards...

Lower oil prices, Latin American reforms amidst crisis and scandal, and thoughts on Azerbaijan’s status in EITI. NRGI's February roundup highlights these developments and more.

NRGI and Petrad are pleased to announce that we are accepting applications for the 2015 NRGI-Petrad Petroleum Governance Fellowship. The program seeks to increase civil society leaders’ effectiveness in promoting the better management of petroleum for the public good. In 2015 the fellowship will be open to civil society leaders from the following countries: Ghana, Iraq, Myanmar, Tanzania and Uganda.

“Walking the talk.” “Practicing what you preach.” These oft-invoked metaphors speak to the importance of matching actions to words. Another cliché is “pulling back the curtain”—showing the world that you have nothing to hide. At the Natural Resource Governance Institute (NRGI), we assumed we were doing all of these things—until Transparify rang our bell.

Daniel Kaufmann discusses the need to address resource governance challenges in Latin America and argues that broader institutional reforms are key to complementing and translating transparency initiatives into the effective governance of natural resources.

For many in energy importing economies, low prices are a boon. But the drop in commodity prices is impacting the wellbeing of citizens in developing, resource-rich countries...

In December, the Natural Resource Governance Institute (NRGI), in partnership with a team of trainers at the Yangon School of Journalism (YJS) launched the first dedicated, comprehensive course for journalists...

This recently posted video is from the 2014 high-level executive extractives course at Oxford University’s Blavatnik School of Government.

Oil is the lifeblood of modern economy. The discourse about how oil has made or marred the destinies of nations is intrinsically linked to its governance...

Students from the Madeleine Albright Institute of Global Affairs at Wellesley College recently asked NRGI governance policy analyst Marie Lintzer some fundamental and important questions about the governance of the extractive sector. We share the informative Q&A here on NRGI’s blog.

Zambians are at the polls today to choose the next president of their copper-rich country. A principal election issue has been how the country taxes its mining industry.

If you missed any of NRGI's top ten most popular blog posts in 2014, don't worry: We've got them all lined up for you right here...

Gold is the number-one mineral produced in the archipelago in value terms, and studies indicate that small-scale mining activities contribute 80 percent of gold production in the country.

In early 2015 the Extractive Industries Transparency Initiative (EITI) will begin its early validation process in Azerbaijan, where government opposition toward civil society organizations, including the unjust arrest of a prominent transparency advocate, has stalled EITI-related activities since 2013...

The Ebola outbreak materially affected the West African nation’s economy. In this Bloomberg TV piece, NRGI economic analyst Thomas Lassourd addresses the need for a transparent framework to encourage potential investors.

Increasing the transparency in the extractive industries has been a battle that has been fought over the last decade. The Publish What You Pay coalition launched in 2002, and the Extractive Industries Transparency Initiative (EITI) was created a year later. The result? Public awareness of the size and potential of revenues from oil, gas and mining grew, and a movement towards open data in the sector has gathered steam.

Falling oil prices have had dramatic effects on the solvency of highly oil-dependent countries, particularly those that have not saved much of their windfall receipts in boom years. In November, Ghana’s finance ministry presented its 2015 Budget Statement and Economic Policy to parliament...

A noteworthy study from NRGI partner Réseau de Lutte contre la Faim (RELUFA) combines EITI data and legal analysis to show the impact of mining projects on communities in northern Cameroon—where, despite 50 years of industrial extraction, social and economic development is lagging.

The Swiss government appears ready to join the ranks of countries that require their oil, gas and mining companies to disclose payments to foreign governments—but the country’s enormous commodity trading industry may not be covered by a new law.

Experts at the Natural Resource Governance Institute welcomed Canada’s new law requiring oil, gas and mining companies to disclose their payments to governments...

Legislation to increase extractive sector transparency is moving forward in Canada and the UK, and significant progress is being made in other countries, thanks to engaged stakeholders around the world. NRGI's December roundup highlights these developments and more.

The challenges of governing Nigeria’s oil sector are many. Years of corruption and theft – and now plummeting oil prices - present a tough mix for an economy largely dependent on resource revenues.