Contract transparency


The report _Contracts Confidential: Ending Secret Deals in the Extractive Industries_ by Revenue Watch Institute aims to promote a serious conversation among industry, governments, investors, banks and civil society organizations about disclosure and confidentiality in extractive industry contracts

Authors Peter Rosenblum, the Lieff, Cabraser, Heimann & Bernstein Clinical Professor in Human Rights Law at Columbia Law School and Faculty Co-Director of the Human Rights Institute, and Susan Maples, a Post-Doctoral Research Fellow at Columbia Law School's Human Rights Institute and Legal Fellow at The Revenue Watch Institute, spoke to engineers, lawyers, bankers, government officials and industry analysts to better understand commercial dynamics and secrecy in the extractive industries.

Contracts Confidential argues that contract transparency is critical to addressing better resource management and bringing contract stability to an industry that sees its contract renegotiated more than any other. Over the long term, the report argues, contract transparency will enable governments to negotiate better deals, as the information asymmetry between governments and companies closes and citizens gain understanding of the complex nature of extractive agreements.

For more information about the report, please see the home page of "Revenue Watch Institute"