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Regulatory Governance in the Mining Sector in Brazil

image of Regulatory Governance in the Mining Sector in Brazil

Mining plays a crucial role in Brazil’s economy. Nonetheless, the efforts and resources devoted to regulatory quality in the sector, including the enforcement of rules, have not always been commensurate. This report identifies the gaps, barriers, implementation flaws and inefficiencies in the regulatory framework of the mining sector in Brazil. It takes stock of the recent reforms in the mining sector in Brazil, identifies areas that pose the greatest challenges for effective regulation in mining. It also describes the reforms that created the National Mining Agency of Brazil, its governance arrangements and its current regulatory practices. These are assessed against OECD principles in regulatory policy and mining regulation, as well as against country experiences from Australia, Chile, and Mexico. Finally, recommendations are provided to support further reform efforts.

English Also available in: Portuguese

Foreword

Laws and regulations are one of the main levers governments can use to improve the well-being of societies, alongside fiscal or momentary policy. But governments need to ensure that laws and regulations are fit for purpose and effective in achieving goals.

English Also available in: Portuguese

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