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  • Assessment of the Governance Performance of the Regulatory Regime Governing Foreign Mining Investment in the Philippines

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    65340_1.pdf (216.4Kb)
    Author(s)
    Vivoda, Vlado
    Griffith University Author(s)
    Vivoda, Vlado
    Year published
    2008
    Metadata
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    Abstract
    This paper assesses the performance of the regulatory regime for foreign mining investment in the Philippines. Based on this, it outlines policy recommendations for the Philippine government, which, if implemented, are likely to improve the governance infrastructure in the sector and, in turn, reduce regulatory risk for foreign mining investors and attract more foreign investment. The main argument is that the poor performance of the governance structures in the Philippine mining sector is behind the high level of regulatory risk for foreign mining investment, and the low levels of foreign investment. After ...
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    This paper assesses the performance of the regulatory regime for foreign mining investment in the Philippines. Based on this, it outlines policy recommendations for the Philippine government, which, if implemented, are likely to improve the governance infrastructure in the sector and, in turn, reduce regulatory risk for foreign mining investors and attract more foreign investment. The main argument is that the poor performance of the governance structures in the Philippine mining sector is behind the high level of regulatory risk for foreign mining investment, and the low levels of foreign investment. After outlining the relevant theoretical frameworks essential for the assessment of the performance of the regime, the article maps the regulatory regime governing foreign mining investment in the Philippines by summarizing the major rules and regulations, institutions (rule-makers and regulators) and stakeholders in the Philippine mining industry. This is followed by the assessment of the performance of the regulatory regime for foreign mining investment. Finally, policy recommendations for improving governance infrastructure in the sector are outlined. This paper, unique in its subject area, may assist the Philippine government and possibly governments of other developing countries in improving governance infrastructure in their mining sectors and, thus, reduce the level of regulatory risk and increase the amount of foreign investment in the sector.
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    Journal Title
    Minerals & Energy - Raw Materials Report
    Volume
    23
    Issue
    3
    DOI
    https://doi.org/10.1080/14041040902805165
    Copyright Statement
    © 2008 Taylor & Francis. This is an electronic version of an article published in Minerals & Energy - Raw Materials Report, Vol. 23(3), 2008, pp. 127-143. Minerals & Energy - Raw Materials Report is available online at: http://www.informaworld.com with the open URL of your article.
    Subject
    Government and Politics of Asia and the Pacific
    Resources Engineering and Extractive Metallurgy
    Publication URI
    http://hdl.handle.net/10072/36393
    Collection
    • Journal articles

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