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Provides the first region-wide study of mining regulation available
Develops a new framework for assessing regulatory performance
Puts forward a set of policy recommendations to assist regional governments and regulating agencies to improve the governance infrastructure of their mining sectors
The mining sector is a major issue for most Asian governments as well as a controversial one, drawing criticism from indigenous groups, non-governmental organizations and politically-motivated elites. In addition, corruption and a lack of institutional capacity frequently plagues the sector. Despite significant resource wealth and positive regulatory reform over the past decade, investors have continued to treat the region with caution. Poor performance of the governance structures and non-performing regulatory regimes in the mining sector is behind the high level of risk for foreign mining investors and the low levels of foreign direct investment (FDI) in many of these countries. The objective of this book is to identify key drivers for poor regulatory performance in six mineral-rich Asian countries (Australia, China, India, Indonesia, Papua New Guinea and the Philippines) and suggest particular causes of action to improve regulatory architecture in the region.