Home | Comment & Analysis    Saturday 7 June 2014

Is S Sudan falling into oil resource curse?

separation
increase
decrease
separation
separation

By Malek Cook-Dwach

June 7, 2014 - The notion of resource curse has engulfed African countries, which are rich in natural resources and heavily depend on revenues from these resources. The resource curse is characterized by poverty-stricken, corruption and violent.

Relatively small group ( Elite ) captures vast wealth while leaving the entire society without basics need such as clean drinking water, electricity, shelter and consumption goods that define the absolute minimum resources necessary for long-term physical well-being.

Political instability triggered the oil resource curse; the evident suggests that countries with bad institutions are likely to experience the natural resource curse.

One of solution to get out from oil curse is to improve institutions, good governance, accountability and transparency.

South Sudan can voluntarily signed up to the Extractive Industries Transparency Initiative (EITI) promoted by former British Prime Minister Tony Blair in 2002 that became an independent NGO in 2007. The main point of this is to get governments to publish adequate accounts of their receipts from natural resources and to create mechanisms by which society and voters can become informed about this. The following criteria must be satisfied and these include most centrally:
Regular publication of all material oil, gas and mining payments by companies to governments (“payments”) and all material revenues received by governments from oil, gas and mining companies (“revenues”) to a wide audience in a publicly accessible, comprehensive and comprehensible manner.

Where such audits do not already exist, payments and revenues are the subject of a credible, independent audit, applying international auditing standards.

Also significant is the provision that: Civil society is actively engaged as a participant in the design, monitoring and evaluation of this process and contributes towards public debate.

Finally, the Natural Resource Charter, launched in 2009 by academics and civil society, has developed 12 precepts that a country should follow if its natural resource wealth is to be used for the common good. This is aimed both at governments but also members of civil society to inform them of how the policy of their government might be deviating from what is socially desirable. African governments have themselves been getting into the action by endorsing the Africa Mining Vision along with the 2011 Action Plan and a great deal of pressure towards institutional change in the natural resource sector is coming from the Africa Progress Panel’s 2013 Report.

The author can be reached at malekcook75@gmail.com



The views expressed in the 'Comment and Analysis' section are solely the opinions of the writers. The veracity of any claims made are the responsibility of the author not Sudan Tribune.

If you want to submit an opinion piece or an analysis please email it to comment@sudantribune.com

Sudan Tribune reserves the right to edit articles before publication. Please include your full name, relevant personal information and political affiliations.
Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 8 June 03:34, by Akol Liai Mager

    It’s a correct topic with brief and strong points. South Sudan’s poverty is a man-made catastrophe which makes me wonder about both logic and sense behind leaders looking for external donors to feed the civil population whilst billions of dollars of Oil Revenues remain figures only. International auditing is a great idea that will prove transparency regime should S Sudan ratify it.

    repondre message

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Views beyond the recent Paris Declaration 2014-08-24 21:10:17 By: Elhadi Idriss Yahya August 24, 2014 - Did the leader of Sudan’s opposition National Umma Party (NUP), Sadiq al-Mahdi finally acknowledge the existence of the Sudan Revolutionary Front (SRF) (...)

Riek Machar treacherous journey 2014-08-21 04:41:42 From plotting a failed coup to ending in foreign land By Steve Paterno August 20, 2014 - After failing to ascend to the helm of power through party structures, the overly ambitious Riek (...)

Sixty years of the Sudanese Armed Forces went unheeded 2014-08-20 06:01:50 By Mahmoud A. Suleiman August 19, 2014 - This article comes against the backdrop of the Sudanese armed Forces (SAF) celebration on Thursday 14th August 2014, for its Sixtieth Anniversary. (...)


MORE








Latest Press Releases


National Dialogue in Sudan: Past experiences and current challenges 2014-08-27 06:18:22 Sudan Democracy First Group (SDFG) Since independence, Sudan has undergone a number of national peace agreements, some of which were observed and honored for short periods, others which were (...)

A new approach to the National Dialogue will stop war and lead to democracy in Sudan 2014-08-22 06:50:30 A New Approach to the National Dialogue in Sudan that will Stop the Wars, Address the Humanitarian Crisis and Lead to Democratic TransformationChatham House, London on Wednesday, August 20, 2014 (...)

Friends and Diaspora of South Sudan urge leaders to choose peace 2014-08-19 20:29:59 FOR IMMEDIATE RELEASE CONTACT: Esther Sprague, Founder & Director, Sudan Unlimited 415.713.2495, esprague11@yahoo.com FRIENDS AND DIASPORA OF SOUTH SUDAN URGE LEADERS TO CHOOSE PEACE UNSC (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.