sharing in governance of extractive industries
Mega investments in the extractive industries – including oil, gas, and mining – have the potential to be a springboard for development in many low- and middle-income countries, through major tax revenues, technology transfer, infrastructure development, employment and capacity building. However, reaping those benefits is challenging, and more often these investments have been a source of corruption, social degradation, resource dependency, and environmental catastrophe. How then can resource-rich countries faced with this double-edged sword make informed decisions about how to effectively leverage these resources for economic and social development while mitigating negative externalities?
In order to leverage natural resources for development, countries face a number of challenges related to the development and enforcement of a robust legal and fiscal framework; revenue forecasting, management, and allocation; development planning and implementation; infrastructure design and regulation; supply chain development; vocational training; and environmental protection; among others.
To equip participants with the necessary skills to promote the responsible development of the extractive industries sector in resource-rich developing countries and to encourage a rich dialogue about best practices from around the globe, the Vale Columbia Center on Sustainable International Investment (VCC) and the Center on Globalization and Sustainable Development(CGSD) are hosting the second annual Executive Training Program on Extractive Industries and Sustainable Development, at Columbia University in New York City from June 9th through 20th, 2014. The program fee for the two-week training, inclusive of accommodation in New York, is US$4,940.
The two-week training emphasizes the interdisciplinary nature of resource-based development. By working through real case studies and with practitioners and experts in the field, participants will be able to apply analytical tools and frameworks to the unique context of the extractive industries in their country.
The program is designed for mid-level public sector officials and civil society representatives from resource-rich developing countries, whose responsibilities relate to the development or management of the extractive industries sector. A select number of representatives from the private sector and development agencies may also be admitted.
Past faculty has included:
For more information about the program, please download our Executive Training Program brochure here or visit our website: vcc.columbia.edu/exectraining
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