In a classic case of the resource curse in the DR Congo, extractive projects are not promoting the country's long-term development, but rather are attracting short-term profiteers, conflict, and corruption.
Two award-winning reporters have collaborated on a new book entitledEnough: Why the World's Poorest Starve in an Age of Plenty. It is a page turner. Unless you simply don't give a damn, this is a must read.
The real issue for regulators around the globe is a serious definition of the financial world we want to live in. The current focus nearly exclusively on the banking sector could cause authorities to miss the broader picture.