Conflict diamonds

Elizabeth J.A. Rodgers (Corpus Christi College, Cambridge, UK)

Journal of Financial Crime

ISSN: 1359-0790

Publication date: 1 July 2006

Abstract

Purpose

The purpose of this paper is to examine the Sierra Leonean trade in “conflict diamonds” which has fuelled a rebel war in the country for more than a decade. In particular, it crucially asks whether the reform of the diamond trade by international legislative efforts to develop an international diamond certification scheme can stem the flow of “conflict diamonds.”

Design/methodology/approach

The paper draws upon existing work and research to provide a detailed case study of international legislative attempts to curtail the trade in illicit diamonds from Sierra Leone, specifically by implementing a Certification of Origin Scheme.

Findings

Based on existing research, the paper argues that the Certification of Origin Scheme has made a positive contribution to the illegal mining, trading and smuggling of conflict diamonds in Sierra Leone. However, peace and recovery will also depend on how extensive official and unofficial corruption is tackled.

Research limitations/implications

International efforts to limit the flow of “conflict” diamonds, the dynamics of the conflict itself and relevant research are all in a state of continuous development. It is therefore significant to view this paper within this ever changing framework.

Originality/value

This paper will be of value to those wishing to be introduced to the nature of the illicit diamond trade and recent efforts on behalf of the international community to solve the problem.

Keywords

Citation

Rodgers, E. (2006), "Conflict diamonds", Journal of Financial Crime, Vol. 13 No. 3, pp. 267-276. https://doi.org/10.1108/13590790610678350

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Publisher

:

Emerald Group Publishing Limited

Copyright © 2006, Emerald Group Publishing Limited

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