Diamonds and Conflict: Problems and Solutions
Arthur V. Levy
Nova Publishers, Jan 1, 2003 - Science - 150 pages
The mining and sales of diamonds by parties to participants of armed conflicts, notably in Africa, are regarded as a significant factor fuelling such hostilities. These diamonds, labelled 'conflict diamonds', make up an estimated 3.7 per cent to 15 per cent of the value of the global diamond trade. In response to public pressure to halt the trade of conflict diamonds and due to the persistence of diamond-related conflicts, governments and multi-lateral organisations have taken diplomatic action to combat the trade. Several international policy making forums, including the UN, have addressed the problem, and the international diamond industry and non-governmental organisations have proposed a range of reforms and legislative initiatives to halt the illicit trade. This new book examines the diamond-related African conflicts, the various methods that are being researched and used to 'tag' diamonds with microscopic markings, and the efforts taken to regulate the marketing and exporting of diamonds.
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