Transcript Laws, Institutions and the Challenges of Good Governance

Resources Extraction Conference
ISID-McGill
Laws, Institutions and the
Challenges of Good Governance
Considerations
by
Riccardo Rossi-Ricci
FACT
£
$
Extraction Companies are
Private
They Respond to
Stakeholders and Investors
€
¥
FACT
Water
is as indispensable as
Air
If we don’t pay for breathing,
Why should we pay for drinking?
FACT
Social Responsibility for
Basic Needs
(Education,
Healthlandlocked
etc)
Cannot
be replaced
by local
remain Institutional
and should
paternalistic
structures
Cannot be replaced by
local landlocked and paternalistic
structures
Only an adequate
and legal framework
can protect investors
and communities
Joint Ventures
Only an adequate and legal
framework can protect
•both
What
impediments
would be for a
investors
and
communities
Multi- and Bi-lateral
Assistance can provide
required support
T
H
A
N
K
S
Thanks