The Rise and Limits of the Extractive Industries Transparency Initiative

Abstract
The rise of the transparency agenda in the extractive industries and the creation of the Extractive Industries Transparency Initiative (EITI) are often explained as a product of global civil society activism, as a product of corporate social responsibility or as a consequence of the emergence of good governance norms and a growing awareness among policy makers of the resource curse thesis (Haufler 2010; David-Barrett and Okamura 2013; Van Alstine 2014). This chapter argues that while all these factors did play a part in promoting the transparency agenda, the diminishing political strength of the Western extractive companies was the key factor in facilitating the rise of the transparency initiative.

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