The Squeeze is marketed as a “groundbreaking new study of the entire industry”; a tall order, given the size of the world’s largest industry. Happily, it is accurate advertising, as Bower introduces us to an astonishing number of different aspects of the industry, and manages somehow to have an insiders’ perspective on each. The style more »
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We, and others, have made the case before that open financial models is the natural next stage of extractives governance. First, because you don't know what you've got til its modeled, and secondly, the models themselves must be open to allow the cumulative learning that is really important for independent expertise to take hold. In fact, I would go so far as to say that modeling is the prerequisite for any work on the numbers around extractives.