Extracting peace

The management of natural resources as a platform for promoting peace and stability in Liberia

Summary:

This paper argues that the government of Liberia’s current approach to managing investment in natural resources is having an adverse effect on the country’s social, political and economic dynamics, which is increasing the risk of conflict. In order to avoid a return to conflict and move towards more stability, a new approach is needed to manage natural resources. The main challenge facing the government is how to manage the competing political and socio-economic interests that arise with an influx in investment, while creating a stable enabling environment that will continue to attract investors. This report proposes a new approach to managing natural resources in the country and identifies the following needs: correctly defining the problem; transforming engagement; and building on positive social and political dynamics.