DRC: Being frank about Dodd-Frank
21.08.2011
The idea that the Dodd-Frank Act in the US will stop mineral exploitation by armed groups is flawed, argues this article. 'Mineral exploitation, the object of activism and legislation, is but one source of revenue for these armed groups. They literally rule over the territories they control, taxing every economic activity and terrorizing the civilians into submission. Losing access to the mines will marginally affect their capacity to generate funds, considering that weapons and ammunitions are relatively inexpensive. In other words, if there were no minerals, the conflict would still rage on as armed groups would find other sources of revenue.'