High-value Natural Resources and Post-conflict Peacebuilding

For most post-conflict countries, the transition to peace is daunting. In countries with high-value natural resources, the stakes are unusually high and peacebuilding is especially challenging. Paradoxically, resource-rich post-conflict countries face both unique problems and opportunities. They ent [...]
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For most post-conflict countries, the transition to peace is daunting. In countries with high-value natural resources, the stakes are unusually high and peacebuilding is especially challenging. Paradoxically, resource-rich post-conflict countries face both unique problems and opportunities. They enter peacebuilding with an asset that distinguishes them from other war-torn societies-access to natural resources that can yield substantial revenues for alleviating poverty, compensating victims, creating jobs, and rebuilding the country and economy. Evidence shows, however, that this opportunity is often wasted. Resource-rich countries do not have a better record in sustaining peace. In fact, they are more likely to relapse into conflict than their less resource-rich counterparts. This book examines experiences from over a dozen countries in post-conflict management of high-value resources and its effect on peacebuilding. It provides a concise theoretical and practical framework for policymakers, researchers, practitioners, and students.Covering resource extraction, revenue sharing and allocation, institution building, and other key issues, it identifies lessons and opportunities for converting resource revenues to a peaceful future. "High-Value Natural Resources and Post-conflict Peacebuilding" is part of a global initiative to identify and analyze lessons in post-conflict peacebuilding and natural resource management. The project has generated six volumes of case studies and analyses, with contributions by practitioners, policymakers, and researchers. Other volumes address land; water; livelihoods; restoration, remediation, and reconstruction; and, governance.