ss economic policy international africa house believes africans are worse
Resources are not the problem, bad management and agreements are the problem here. The presence of Foreign Direct Investment (FDI) in resource extraction can have a more positive impact than if it was absent. The presence of FDI is often associated with increased bureaucracy efficiency and rule of law [1] . There have been attempts by Western governments to curtail illicit transactions as well. In 2013, the British government spearheaded the Extractive Industries Transparency Initiative aimed at encouraging accountability from TNCs [2] . Governments control the resources; they simply need to be more willing to fight, and prevent corruption, to get a better deal.  [1] Bannerman,E. ‘Foreign Direct Investment and the Natural Resource Curse’ Munich Personal RePEc Archive 13 December 2007   [2] Duffield,A. ‘Botswana or Zimbabwe? Exploiting Africa’s Resources Responsibly; Africa Portal 12 December 2012