Explanations

Mining and Development - Pathways to Sustainable & Inclusive Growth

19th October 2021

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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

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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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Mining and Development - Pathways to Sustainable & Inclusive Growth

Graham Watson

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