The necessity to elaborate minerals policies exemplified by Romania

Mihai Marinescu, Alexander Kriz and Günter Tiess

Resources Policy, 2013, vol. 38, issue 4, 416-426

Abstract: Mineral resources represent an integral component within a country’s economy. Despite the fact that the need for raw materials undergoes continuous growth–especially in countries which experience industrial upswing–proper measures to secure the access to domestic mineral resources in the long term have only been applied marginally in a large number of states. This lack of future-oriented legal frameworks–referred to as ‘Minerals Policies’–might lead to a diversity of sectoral problems (eg. dependency on certain raw materials imports). Based on data analysis and subsequent demand forecasting comprehensive national Minerals Policies can be derived in order to anticipate emerging issues and to achieve optimum sustainable management of domestic geological resources. The necessity of such concepts is illustrated by the example of Romania focusing on non-energetic mineral resources.

Keywords: Raw materials; Mineral supply; Mineral consumption; Mineral policy; Romania (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:38:y:2013:i:4:p:416-426

DOI: 10.1016/j.resourpol.2013.06.010

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