March 04, 2015
The Spread Of The Resource Extraction Reporting Requirement, In A Map
Posted by David Zaring

The SEC still hasn't gotten around to finishing the latest version of the resource extraction rule, which requires publicly traded extractive industries to disclose every payment they make to a government.  But their flexibility is limited, Congress signed on to the rule, and quite explicitly linked it to the so-called Extractive Industries Transparency Initiative, which encourages the adoption of this sort of rule.  I made a map, which shows that the US is one of two wealthy countries to announce that it would abide by the rule.  What do you think of it?

 

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