Plans to implement Dodd-Frank
will force companies and governments to focus on transparency and
disclosure, says Mark Malloch-Brown
Many executives in extractive industries in Europe and the US
might question Supreme Court Justice Louis Brandeis’s famous
dictum ‘sunlight is the best disinfectant’. Fiercely
competing in a global market for their share of the world’s
natural resources and wary of being undercut by their BRIC competitors,
the thought of having the full details of all of their negotiations
published might make them shudder.
Yet
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