As countries look to domestic resources to help meet the ambitious development agenda laid out in 2015, there is value in looking at international experiences where mineral wealth has become a…

Patricio V. Marquez, Melanie Walker |

  As newly resource-rich countries grapple with how to manage their resources well, questions arise on how governments can channel natural resource revenues into smart investments, as well as…

Shilpa Banerji |

Everyone agrees that enhanced transparency—on payments, revenues, royalties and taxes—is essential to success in developing countries to turn earnings from oil, gas and mining into economic growth…

Kelly Alderson |

Joining with our World Bank Group teams in the field in Kenya, Rwanda and Tanzania, I was pleased to recently see first-hand evidence of the strong impact that our Global Practice on Trade and…

Cecile Fruman |

Imagine you are a leader of an African country and your entire government budget for the year is $1.2 billion. That same year, an investor sells 51 percent of their stake in a huge iron ore mine…

Caroline Anstey |

Basrah, Iraq: June 2011 I learn on Friday that our small World Bank energy team has received permission and security clearance to visit a production site within Iraq’s giant Rumaila Oil field…

Robert Lesnick |