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The Global Diamond Industry: Economics, Law and Development brings together a collection of papers covering various aspects of the diamond industry including economics, law, history, sociology and development. These volumes are motivated by one objective alone and that is to provide intellectual light where none exists. The diamond industry is one that is long steeped in secrecy and each chapter and even each well researched anecdote helps others to understand this commodity and what are at times mysterious operations of the industry. This second volume investigates the role of ethnic groups in the diamond industry, as well as various economic development aspects of the diamond industry along the value chain.