Africa's diamond wars took four million lives. They destroyed the lives of millions more and they crippled the economies of Angola, the Congo, Liberia and Sierra Leone. The biggest UN peacekeeping forces in the world-in Sierra Leone, Liberia, the Congo and C te d'Ivoire―are the legacy of 'conflict' or 'blood diamonds'. 'Blood on the Stone' tells the story of how diamonds came to be so dangerous. It describes the history of the great diamond cartel and how it gradually lost control of the precious mineral, as country after country descended into anarchy and wars fuelled by diamonds. The book describes the diamond pipeline, from war-torn Africa to the glittering showrooms of Paris, London and New York. It describes the campaign that began in 1999 and which eventually forced the industry and more than 50 governments to create a global certification system known as the Kimberley Process, aimed at wringing blood diamonds out of the retail trade. This gripping account concludes with a sobering assessment of the certification system, which soon became hostage to political chicanery, mismanagement and vested interests. Too important to fail, the Kimberley Process has been hailed as a regulatory model for Africa's extractive minerals. Behind the scenes, however, it runs the risk of becoming an ineffectual talk shop, standing aside as criminals re-infest the diamond world.

Despite its importance in international affairs, the Kimberley Process remains understudied in academia. Franziska Bieri's book provides the first comprehensive account of the Kimberley Process and is the first to reveal how NGOs have become critical actors in their own right, possessing the ability to directly influence policies, even at the level of international organizations.

The Global Diamond Industry: Economics and Development brings together a collection of papers covering various aspects of the diamond industry including economics, law, history, sociology and development across two volumes.

A sweeping history of our enduring passion for diamonds—and the exploitative industry that fuels it. Blood, Sweat and Earth is a hard-hitting historical exposé of the diamond industry, focusing on the exploitation of workers and the environment, the monopolization of uncut diamonds, and how little this has changed over time. It describes the use of forced labor and political oppression by Indian sultans, Portuguese colonizers in Brazil, and Western industrialists in many parts of Africa—as well as the hoarding of diamonds to maintain high prices, from the English East India Company to De Beers. While recent discoveries of diamond deposits in Siberia, Canada, and Australia have brought an end to monopolization, the book shows that advances in the production of synthetic diamonds have not yet been able to eradicate the exploitation caused by the world’s unquenchable thirst for sparkle.

The Global Diamond Industry: Economics and Development brings together a collection of papers covering various aspects of the diamond industry including economics, law, history, sociology and development across two volumes.

In Stateless Commerce, Barak Richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan—surrounded by skyscrapers and sophisticated financial institutions—continue to thrive as an ethnic marketplace that operates like a traditional bazaar? Conventional models of economic and technological progress suggest that such primitive commercial networks would be displaced by new trading paradigms, yet in the heart of New York City the old world persists. Richman’s explanation is deceptively simple. Far from being an anachronism, 47th Street’s ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement—what economists call “relational exchange.” These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances. Extending the framework of transactional cost and organizational economics, Stateless Commerce draws on rare insider interviews to explain why personal exchange succeeds, even as most global trade succumbs to the forces of modernization, and what it reveals about the limitations of the modern state in governing the economy.

Based on previously unexamined historical documents found in archives in Belgium, England, Israel, the Netherlands, and the United States, this book is the first in English to tell the story of the formation of one of the world's main strongholds of diamond production and trade in Palestine during the 1930s and 1940s. The history of the diamond-cutting industry, characterized by a long-standing Jewish presence, is discussed as a social history embedded in the international political economy of its times; the genesis of the industry in Palestine is placed on a broad continuum within the geographic and economic dislocations of Dutch, Belgian, and German diamond-cutting centers. In providing a micro-historical and interdisciplinary perspective, the story of the diamond industry in Mandate Palestine proposes a more nuanced picture of the uncritical approach to the strict boundaries of ethnic-based occupational communities.