October 31, 2003 | Working Paper
  • Type of publication: Working Paper
  • Research or In The Media: Research
  • Research Area: Economics for The Developing World
  • Publication Date: 2003-10-31
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  • Authors:
    • Add Authors: James K. Boyce
  • Show in Front Page Modules: Yes

When natural resource revenues provide an important motive and/or means for armed conflict, the transition from war peace faces three challenges: (i) ensuring that the benefits and costs of natural resource exploitation are distributed so as to ease rather than exacerbate social tensions; (ii) channeling revenues to peaceful and productive purposes; and (iii) promoting accountability and transparency in natural resource management. Aid conditionality can help to address these challenges provided that three prerequisites are met: (i) there are domestic parties with sufficient authority and legitimacy to strike and implement aid-for-peace bargains; (ii) donor governments and agencies make peace their top priority, putting this ahead of other geopolitical, commercial, and institutional goals; and (iii) the aid

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