Resource Nationalism: A Gathering Storm?
It might appear that as the state fulfils the requirements of regional or transnational bodies, its power as a sovereign entity is allocated away. In order to improve transparency, accountability, and governance in the sector, the government shall support and commit participation in the Extractive Industries Transparency Initiative EITI.But it also suffers from factionalism and antiquated leadership and doctrine. It was a catastrophe of unprecedented proportions in the Philippines: agricultural fields were inundated and fishing which was a major livelihood for more than 20, families in 42 communities stopped due to the flow of mine tailings burying the channels and the valley floor sepo, Similarly, receiving eight positive credit ratings from international credit rating agencies has placed the Philippines one step away from being considered investment-grade. Although he was not the first presidential candidate to run against drugs and crime, he was the first to frame drugs as an existential threat and to be explicit about the brutal approach he would use to solve the problem. Even as he criticizes some members of the political and business elite, in practice he has allied himself with powerful members of the political establishment—most notably Gloria Macapagal Arroyo and the Marcos, Estrada, and Villar families. Barely a year after however, the ecstatic momentum within the national government and the minerals industry dissipated. He ran on his reputation as an effective, no-nonsense mayor of Davao who prioritized law and order over legal protections for alleged criminals. On 6 December , the Supreme Court dismissed the petition against the constitutionality of the ipra see Supreme Court of the Philippines, As a candidate, Duterte showed little interest in economic policy issues. The issuance of Executive Order 79 is partly due to the growing clamour of various stakeholders i. Gravelle J. However, declaring a revolutionary government would be an extra-constitutional act.
The Philippines was one of many developing countries to adopt neo-liberal economic policies to attract more mining investments. On 6 Decemberthe Supreme Court dismissed the petition against the constitutionality of the ipra see Supreme Court of the Philippines, But to date his core fiscal and macroeconomic policies are more neoliberal than populist.
Actions pertinent to realize desired changes in the status quo, and other initiatives which are directed at achieving betterment of economic, environmental and social conditions all embody a social imaginary, and are expressed in narratives of key players in mining, about which I now turn to.
They accuse defenders of human rights of protecting drug peddlers and criminals.Cummins, His nationwide war on drugs has applied the approach that he used in Davao City, giving the police free rein to deal with suspected drug users and pushers with little concern for legal niceties. The Philippines was one of many developing countries to adopt neo-liberal economic policies to attract more mining investments. Invest in the whole country, not just in the mining industry, paper presented at the International Mining Investment Conference, Makati City, Philippines. As for our latest allotment, it is debasing that we have been prodding the national government since to remit about PhP87 million to us as part of our share in the excise taxes paid by mining companies. The weakness of collective action. A detailed discussion of each is not permissible in this paper due to limited space. Thus a mutually interdependent relationship develops: the host country relies on the mining company for foreign capital while the latter is granted certain rights in extracting minerals.
The actions of lower-level political-administrative units manifest sub-national resource nationalism that is founded on locality and affinity to homeland, and confronts the national government in matters of resource governance.