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Shipping Policy to Fight the Resource Curse

Research output: Contribution to journalArticle

Original languageEnglish
Pages (from-to)184-192
Number of pages9
JournalGlobal Policy
Volume9
Issue number2
Early online date8 Mar 2018
DOIs
Publication statusPublished - 4 May 2018

King's Authors

Abstract

Transnational trade rules endow authoritarians and armed groups with unaccountable power in states rich with natural resources. This structural flaw in international trade generates the ‘resource curse’ phenomena that have driven many of the world's most serious crises since the 1970s. Attempts to curtail this unaccountable power from outside resource-rich states have not been successful, and crises caused by this structural flaw continue to plague the global community. The shipping sector provides a promising location for reforms to fight the resource curse, as it is a sector where extensive, unified and enforceable regulations have long been established.

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