2. A critical investigation and evaluation of the major elements of mining sector adjustment, including all policy and institutional reforms implemented in the sector under SAP. 3. A cost-benefit analysis of mining investments, taking the following into consideration: level of foreign direct investment inflows to the sector since the
Second, it analyses institutional reforms resulting from the splitting of policy making and regulatory functions, especially the decentralization of the artisanal mining licencing process ...
They were often coupled with sector policy and institutional reforms usually supported by sector adjustment loans, technical assistance loans (TALs), and/or …
1. Introduction. Institutional investors have a growing interest in knowing a company's degree of transparency in disclosing Environmental, Social and Governance (ESG) performance and policies (Eccles et al., 2011).Given the mining industry's association with large-scale environmental damage and social conflict, the sector is …
Since China's electricity reform, the regulatory scope of the SERC was primarily confined to the market regulation of the competitive stages of the power sector. The authority to regulate prices remains in the hands of the nation's macroeconomic planners. As the market pilot failed, the SERC's role seemed redundant from the …
Box 3: Papua New Guinea Mining Sector Reform and Institutional Capacity for Monitoring and Enforcement 16 Box 4: Tanzania Mining Sector Reform and Fiscal Revenues 19 Box 5: Madagascar Mining Sector Reform and Community/Regional Development 21 Box 6: Mongolia Mining Sector Reform and Sustainable Development …
policy note identifies five key institutional and structural reform priorities to achieve these objectives and specific policy options to address them. a) Securing macroeconomic stability and avoiding a balance of payment crisis
Public Sector Reform and Capacity Building Unit July 2011 WPS5730 Public Disclosure Authorized Public Disclosure Authorized ... As a result, Ghana's mining sector faces weak institutional capacity at the political and regulatory levels and a lack of incentives to meaningfully reform the sector. 3 the the mining sector in Ghana. economy.
It is widely accepted that the economic and social system may be more efficient by reforming institutions. Institutional reforms are attempts to change the rules affecting human interactions and these reforms are fundamental for development and economic prosperity. The reforms can be divided into two categories; political and …
The electricity supply sector in Pakistan has performed poorly in recent years. Reforms were introduced in the mid-1990s to improve the sector, but progressed slowly with no significant impacts on pre-reform performance. This study uses new institutional economics as a theoretical basis to elucidate reasons for the failure of …
Using the comparative findings between IBMC and Pakistan-specific mining and mineral sector governance mechanisms, this research may spark various reforms …
The mining sector in Zambia continues to play an important national economic role and has in the last two decades experienced tremendous growth and investment, driven mainly by expansion in large-scale mining. ... Getting ahead, the government is focused on building a diversified and export-oriented mining sector …
With a focus on the institutional set-up and the political environment as central to understanding and rectifying the poor impact of mining on Ghana's economic development, this paper highlights the vulnerabilities in mining sector governance along the industry value chain. The authors explain why it has been difficult to
An Examination of Some Key Issues on Legal and Policy Environment in the Mining Sector After the Economic Reforms in Tanzania August 2019 International and Public Affairs 3(2):33-42
The Strategic Environmental and Social Assessment (SESA) of the mining sector in Sierra Leone was undertaken in response to the Government of Sierra Leone's (GOSL) request for assistance in developing its minerals policy. The SESA will help meet long-term country development by integrating environmental and social considerations in mining sector …
Purpose – The purpose of this paper is to identify the main environmental impacts of coal mining in China, examine the main institutions and reform factors that failed the control of these damages, and discuss what would be necessary to establish a sustainable and environmentally responsible coal mining sector in the context of market and …
2.1 Political Economy of Reform: Mining Sector Restructuring in Romania13 2.2 Ten Elements of Good PSIA16 2.3 Considering the Counterfactual in the Albania Water Sector Reform PSIA18 2.4 Six Transmission Channels for PSIA18 2.5 Policy Reforms Involving Changes in Authority21 3.1 Country Social Analysis of the Republic of Yemen35
Zambia: Benefits From Mining Sector, a Crucial Factor ... Jul 25, 2012· He observed that Zambia needs reforms in the mining industry, saying the legislative and institutional environment ... the mining sector's .....
With a focus on the institutional set-up and the political environment as central to understanding and rectifying the poor impact of mining on Ghana's economic development, this paper highlights the vulnerabilities in mining sector governance along the industry value chain. The authors explain why it has been difficult to implement …
the mining sector. 14 Mining remained the leading sector 15 in terms of investment occupying 23% between 1995-2004 (Maliy amkono and Mas on, 2006:151). The mining sector continues
resources sector before making recommendations of the key policy and institutional reforms necessary to salvage the sector. Nyaradzo Mutonhori (ZELA) outlines some aspirations towards the Mines and Minerals Amendment Bill by comparing the 2007 Mines and Minerals Amendment Bill [Chapter 21:05] with the African Mining Vision and the
The article concludes by locating the lessons from Guinea within wider discussions that concern LCPs and mining sector reforms, in the process offering reflection on possible ways forward for ...
Donors promoting public sector institutional reforms do not clearly understand what works and why. Yet, despite the limited practical knowledge of how to reform and build high-quality public sector institutions, the ambitions and the scope of donor-promoted institutional reforms have been increasing. Over the last five decades, various ...
Investors representing $11 trillion in assets are supporting an initiative to promote a socially and environmentally responsible global mining sector by 2030. Institutional investors, including ...
2. Review of the Mining and Minerals Bill, 2021. Civil Society Memorandum of Comments and Recommendations. 1.0. Introduction and Background: Over the last three decades, the government of Uganda has taken steps to rehabilitate the country's mining sector back to its glory. This has been through legal and policy reforms, institutional and ...
Despite reforms, the prospects of attaining the African Mining Vision's goal, set out in 2009, to realize 'the potential of artisanal and small-scale mining to stimulate local/national entrepreneurship, improve livelihoods and advance integrated rural social and economic development' (AU, 2009), seems to have been fulfilled only partially.
With a focus on the institutional set-up and the political environment as central to understanding and rectifying the poor impact of mining on Ghana's economic development, this paper highlights the vulnerabilities in mining sector governance along the industry value chain. The authors explain why it has been difficult to implement policies ...
The profound problems of political will and institutional capacity faced by Guinea can be attributed at least in part to the neoliberal reform process of the 1980s and 1990s, which resulted in a strong retrenchment of the state from the mining sector, accompanied by parallel processes that redefined its role while reducing state sovereignty.
Since 2014, the need to reform Kazakhstan's mining sector has been very high on the policy agenda. The country has been adversely affected by the downward trend in commodity prices since 2012, with metal prices falling almost 60% over the five years to early 2016. In 2015 and 2016, Kazakhstan real GDP growth slowed to 1.2% and 1%,
Moving around Zambia's main mining district, Solwezi, it is striking how deeply the concept of beneficial ownership transparency has now taken hold. Those working on …
The World Bank has supported 39 mining sector reform projects in 24 countries since 1988. The reforms have contributed to an increase in investment in the mining sector …
A few of the more pressing institutional challenges encountered by the EPA are: non-compliance with EIAs, lack of coordination, and poor knowledge management.35 Multiple Regulations and Inter-Institutional Conflicts The mining sector is arguably the most regulated sector in Ghana, and has the largest number of regulatory institutions.
The Kenyan Mining Policy 2016, new Kenyan Mining Act 2016 and Petroleum Act 2019 suggest various ways through which players in the mining industry (especially mining corporations) can develop ...
This report, the culmination of a sequence of workshops and analytic work, provides a summary of the findings of the SESA process and makes recommendations on the policy, institutional, and governance changes required addressing environmental and social priorities in reform of the Sierra Leone mining sector.
Argentina: Mining investment in Argentina was US$56 million in 1995. By 2008, 13 years after an IBRD-supported reform of the mining sector began, it reached US$2.4 billion. Exports had grown by 275 percent to US$4.1 billion. The Bank also worked with sub-national governments because mineral rights are held provincially in Argentina.
With respect to institutional and reform- related exclusion, the article found that, while the accessibility of the sector for poorer miners has been historically facilitated by affordable rental fees and a permissive regulatory environment, the introduction of new tax measures and an increase in the strictness of enforcement since 2015 has ...
The mining industry today faces a new set of environmental, social, economic, and political challenges. Despite efforts deployed by companies to improve their sustainable practices, and the proliferation of international initiatives aiming at enhanced sector management governance, mining is again being challenged. Centralized …
The OECD has worked closely with the countries of Central Asia and the South Caucasus region, as well as the Republic of Moldova and Ukraine, for over 30 years. The OECD works to promote policy and institutional reforms necessary to achieve resilient, inclusive and sustainable growth. OECD engagement in the region also supports the …
