Development Centre

Development Centre Newsletter - February 2008


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Extracting more from EITI

The fourth EITI Global Conference (Doha, 16-18 Feb. 2009), should reflect on why many resource-rich countries have failed to lower perceived corruption almost 6 years after the initiative was launched. The Extractive Industries Transparency Initiative (EITI) aims to reduce secrecy in the sector, but a study by the OECD Development Centre shows that the result is very different. 

In fact, corruption control is worse in EITI countries than in other resource-rich nations not implementing the initiative. EITI could become more effective if disclosure standards were more strict, if independent civil society organizations were strengthened and transparency in resource revenues was linked to judicial institutions.
Read the Policy Insights "Extracting More From EITI".
Get to know more about the initiative.

Latin America may emerge stronger from crisis 
Latin America may emerge from the current crisis in a stronger position than other regions, as most participants in the International Economic Forum Latin America and the Caribbean agreed. On their route to Davos and in the midst of the global financial storm hitting Latin American economies, finance ministers, central bankers and leading business leaders from Latin America and Europe met in Paris on 26 January to discuss the region’s Latin America’s economic outlook. Take a look at the Forum's conclusions
Recent Development Centre publications

Development Aid and Portfolio Funds

This paper presents stylised facts about development aid and capital flows to developing countries, comparing volumes and volatilities and finding that foreign aid is not the major source of finance for these countries any more, though not for all regions. Read it here.

Forthcoming Events



International Women's Day at the Development Centre



Joint seminar of the Development Centre and the OECD Directorate for Employment, Labour and Social Affairs on employment and its impact on poverty and inequality, with a specific focus on Brazil, China and India.

All Events and Meetings 2009


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