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Law International

Regulating Transnational Corporations in Domestic and International Regimes

An African Case Study

by (author) Evaristus Oshionebo

Publisher
University of Toronto Press
Initial publish date
Dec 2009
Category
International, Globalization
  • Hardback

    ISBN
    9780802099402
    Publish Date
    Dec 2009
    List Price
    $89.00
  • eBook

    ISBN
    9781442697799
    Publish Date
    Dec 2009
    List Price
    $87.00

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Description

Africa's natural resources have been of interest to other areas of the world for centuries. During the nineteenth-century European colonization of Africa, raw materials such as rubber and diamonds were often extracted and exported by foreign businessmen and colonial governments. Today's transnational corporations (TNCs) continue the practice.

This study explores the range of strategies for regulating the social and environmental practices of TNCs in Africa's extractive industries. While acknowledging the partial success of conventional regulatory strategies, Evaristus Oshionebo argues that the current power imbalance between TNCs and African host governments makes them impossible to enforce effectively. Rather than simply critiquing the existing systems, Oshionebo proposes that a pluralistic approach, involving government agencies, corporations, non-governmental organizations, and local community associations in the regulatory process, might provide better results in Africa.

Innovative and daring, Regulating Transnational Corporations in Domestic and International Regimes offers new and practical solutions to old, entrenched problems.

About the author

Evaristus Oshionebo is an assistant professor in the Faculty of Law at the University of Manitoba.

Evaristus Oshionebo's profile page