01138nam a22001217a 4500022001400000100003300014245008300047260005900130300000900189520066700198650003200865856011900897  a0305-6244  aSharife, K and  Bracking, S.  aDiamond Pricing and Valuation in South Africa’s Extractive Political Economy  aSouth AfricabRoutledge Taylor and Francis Groupc2016  a21p.  aThis article explores the valuation and marketisation of diamonds in South Africa from 2004 to 2012. It argues that there is no positivist foundation for a ‘real’ or ‘fair’ price from which derogations can be measured, which constitutes a challenge for establishing transfer pricing in the context of tax justice. Instead, there is a performative valuation process wherein artificial underlying values are assigned which then condition prices and tax liabilities. Thus it is not the essential nature of diamonds per se that conditions a ‘resource curse’, but corporate control over the marketisation process in the context of enclavity and oligopoly.  aNatural Resources, Diamonds  uiffoadatabase.trustafrica.org/iff/Diamond pricing and valuation in South Africa s extractive political economy.pdf