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Briefing Notes (series)

Commodities and the extractive sector: Can transparency foster prosperity, progress and development in the EU and Switzerland?

Briefing Note 68

September 2014

Ramdoo, I., Große-Puppendahl, S. 2014. Commodities and the extractive sector: Can transparency foster prosperity, progress and development in the EU and Switzerland? (Briefing Note 68). Maastricht: ECDPM.

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Key messages

The priority for resource-rich developing countries is to transform their extractive resources into prosperity, progress and development.

Commodity trading plays a key role in the supply chain. The role of traders and that of their home-countries, are crucial in fostering progress and
development in resource-rich countries.

There is broad consensus about the importance of increased transparency and better regulations for better development outcomes.

Yet there is no common understanding among different stakeholders of what is necessary, realistic and implementable. 

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Economic Transformation and TradeExtractive SectorsBriefing Notes (series)MiningNatural resourcesEuropeSwitzerland