The Effect of the Transparency Initiative for the Extractive Sector in Peru

The problem of corruption has a long deep-rooted history in Latin America. The approaches to deal with corruption are diverse; however, the cases of most interest are those that, despite having abundant natural wealth, did not achieve their full development as a nation. The Extractive Industries Transparency Initiative (EITI) has been implemented in Peru as a proposal to address corruption and determine its contribution to the governance of the national and local extractive sector based on better transparency conditions. This study used the resource curse theory and the Synthetic Control Methodology (MCS, asper its Spanish acronym) in order to analyze the effect of EITI on the levels of corruption in a leading mining exporting country like Peru. The MCS is ideal for qualitative samples in political science case studies, such as the EITI intervention in Peru. The case constitutes a contribution to literature, since most of the related studies have been carried out in all countries as a whole, with few studies of individual cases. The results are not statistically significant after applying it to the management of corruption cases in the extractive sector, which requires greater government intervention and civil society participation, given its profound characteristics. In other words, the study shows that the EITI has had no effect on reducing the perception of corruption in Peru.  

• Main Author: Olmedo Cruz, Carlos (author)
• Other Authors: López Cazar, Ibeth (author), Lopez Cazar, Ibeth (author)
• Format: article
• Language: spa
• Published: 2022
• Subjects: Iniciativa para la Transparencia de las Industrias Extractivas; corrupción; Perú; metodología de control sintético; transparencia; The Effect of the Transparency Initiative; corruption; Peru; MCS; transparency; Efeito da Iniciativa de Transparência; corrupção; transparência
• Online Access: https://revistas.uasb.edu.ec/index.php/eg/article/view/3079