Economics at your fingertips  

National strategies for securing a stable supply of rare earths in different world regions

Eva Barteková () and Rene Kemp

Resources Policy, 2016, vol. 49, issue C, 153-164

Abstract: The rising imbalance between increased demand for minerals and their tighter supply has resulted in growing concerns about their criticality. This has in turn stimulated both resource-rich and resource-poor countries to take an active role in implementing mineral strategies. The present paper explains why different world regions responded differently to the global problem of securing stable supply of critical minerals, in particular of rare earths. The paper is based on a comparative political economy framework and examines the extent to which distinct national policy styles, national interests, resource endowment and historical experience in tackling supply risk shaped the different policy choices. The overall findings show that despite their similar objectives, strategies undertaken by various regions tend to differ in their foci. Whereas Europe opts for a policy dialogue with resource-rich countries, Japan and the United States have a more hands-on approach in research and development initiatives. Australia's and China's policies instead, focus on development of domestic mining activities and on resource protection.

Keywords: L72; L78; O57; Q34; Q38; Mineral criticality; Rare earths; National policy styles; Comparative political economy (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

DOI: 10.1016/j.resourpol.2016.05.003

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-06-04
Handle: RePEc:eee:jrpoli:v:49:y:2016:i:c:p:153-164