Grand Corruption in the Regulation of Oil
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Original versionBergen: Chr. Michelsen Institute (U4 Issue 2008:2) 37 p.
This U4 Issue explores the topic of grand corruption in the regulation of oil. It focuses on how and why corruption can distort or prevent efficient regulation of the oil sector. The authors suggest that, though voluntary initiatives and capacity building programmes are important, they should not replace establishment of formal state-sponsored regulations.