Munich Personal RePEc Archive

The stuff of legend: diamonds and development in southern Africa

Noland, Marcus and Spector, Brooks (2006): The stuff of legend: diamonds and development in southern Africa.

[thumbnail of MPRA_paper_15575.pdf]

Download (762kB) | Preview


This essay establishes four propositions. First, the diamond industry has been a positive force for development in southern Africa. Second, jewelry, among the most profitable segments of the industry, is a non-essential luxury, and accordingly, consumer concerns over conflict diamonds pose a long-term threat to the industry. Third, key in conflict diamonds is violent political conflict, not diamonds per se. Fourth, the continuing challenges shared by the industry, the NGOs, and public sector are to strengthen the Kimberley Process Certification System (KPCS) to eradicate trade in conflict diamonds and to enhance the related Diamond Development Initiative to regularize artisanal production and bring the diggers into the system.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.