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4 - Diamonds, Dependence, and De Beers

Monopoly Capitalism and Compliance with the Kimberley Process in Namibia

Published online by Cambridge University Press:  20 August 2020

Nathan Munier
Nathan Munier
Affiliation:
Tokyo International University
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Summary

This chapter examines Namibia, the state with the highest level of compliance in the study. Also, this case is the clearest example of compliance with the Kimberley Process being a reflection of diamond dependence, specifically the Namibian government’s longstanding dependence on De Beers. Other companies have tried to enter the Namibian market, but the Kimberley Process has played an essential role in creating a regulatory environment within Namibia that is advantageous to De Beers. The relationship between De Beers and SWAPO largely explains why the state has mainly complied and cooperated with the Kimberley Process since it was implemented, whereas other comparable alluvial diamond producers in sub-Saharan Africa have had difficulty complying.

Keywords

NamibiaDe BeersSWAPOLev LevievMonopolyDiamond Beneficiation
Type
Chapter
Information
The Political Economy of the Kimberley Process , pp. 78 - 94
Publisher: Cambridge University Press
Print publication year: 2020

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