Good Governance and the Extractive Industry in Burma: Complications of Burma?s Regulatory Framework (English)

Description: 

"...While Burma may be taking steps in the right direction, the Burmese government is still far from being one of good governance. Until the Burmese government develops its own sound policy framework to protect and sustainably develop its natural resources in a way that meets ?good governance? guidelines, no amount of international treaties or corporate regulation will mitigate the damage of natural resource development projects like the Shwe Gas Project. Until Burma?s internal framework meets these standards, foreign direct investment, particularly in extractive industries, should not be an option. This is a call for all investors, corporations, stakeholder governments, intergovernmental groups, and various others to utilize their means and authority to pressure the Burmese government. Pending the necessary policy changes, all parties involved may be lacking the due diligence necessary to ensure good global governance. The following recommendations should be undertaken with the UN rights based approach as a basis, in which ?people are recognized as key actors in their own development, rather than passive recipients of commodities and services.?..."

Source/publisher: 

Shwe Gas Movement

Date of Publication: 

2013-07-16

Date of entry: 

2013-07-17

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Local URL: 

Format: 

pdf

Size: 

978.87 KB