Explanations

Mining and Development - Pathways to Sustainable & Inclusive Growth

Graham Watson

19th October 2021

This video clip is well worth a look - mining has a role to play in development but only if it is properly managed.

This is an important clip - much more important than you might think.

For resource rich countries, mining policy is central to their developmental prospects: it's about ensuring that the sector is both sustainable and genuinely contributing to the economy - most notably in the form of tax revenues - rather than encouraging rent seeking behaviours.

You can find out more from the World Bank on the economics of extractive industries here

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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