TaxCast Norway (Pengeland in English)
Many resource-rich countries lose critical revenue because these resources are not managed well enough. The extractive industries are characterized by extensive corruption risks and aggressive tax planning. In this episode we are joined by Mark Burnett, EITI's Regional Director for Europe. The EITI – or Extractive Industries Transparency Initiative – is an international organization working for greater transparency in the extractive industries. We discuss EITI's history, the international standard for transparency, and the value of broad collaboration between authorities, industry, and civil society in the countries where they operate.We also discuss Norway; while there is a tradition of high transparency regarding oil and gas extraction here, will we be able to maintain this standard as mining operations expand?
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