Aerial view of mining photo

Has the EITI been successful?

Published Date: 
December, 2017
Publisher: 
Chr. Michelsen Institute

Many efforts have been devoted to improving resource governance through the Extractive Industries Transparency Initiative. A review of 50 evaluations concludes that the EITI has succeeded in diffusingthe norm of transparency, establishing the EITI standard, and institutionalizing transparency practices. 

ByPäivi Lujala,Siri Aas Rustad and Philippe Le Billon 

Read article on CMI page

Beneficial openness? CMI working paper

Beneficial openness? Weighing the costs and benefits of the financial transparency

Published Date: 
February, 2017
Publisher: 
Chr. Michelsen Institute

Public financial transparency is increasingly advocated as a solution to concerns over legal tax planning by multinational corporations, and illegal tax evasion, fraud and money laundering. In particular there are calls for mandatory publication of beneficial ownership (the ultimate owners of companies and trusts), and country-by-country reports by multinational corporations (detailing revenues, assets, employment, profits and taxes paid in each jurisdiction). Other proposals include publication of tax rulings and profit and loss accounts for all companies.