This paper reviews the political economy of extractive resources and the associated resources sector governance agenda. The consensus that good sector governance improves the developmental impacts of extractive resources exploitation is premised on the understanding that institutions matter for...

"If political rulers' first struggle is gaining power, strategically securing the means to accrue and retain that power is a close-run second. For rulers whose territories are blessed with extractive resources, such as petroleum, metals, minerals, and other precious commodities, converting...