 Social Policy and State Revenues in Mineral-Rich ContextsLeonith Hinojosa, Anthony Bebbington and Armando Barrientos Chapter 4 in Mineral Rents and the Financing of Social Policy, 2012, pp 91-121 from Palgrave Macmillan Abstract: Abstract At the time of writing1 it seemed that the different impacts and implications of the recent economic crisis - which occurred mostly in developed economies, but was spreading towards the developing world - would also affect mineral-rich developing countries (MDCs) by reducing both demand for and prices of minerals and metals. Yet, this effect is still to be seen. The economies of mineral-importing countries such as China and India do not seem to be shrinking significantly - at least not to the same extent as those of the countries of the Organisation for Economic Co-operation and Development (OECD).2 Furthermore, it is expected that measures taken to prompt economic recovery all over the world will again stimulate the expansion of mineral industries - an expansion that is more likely to occur in MDCs, since the constraints on developing mining activities in Western Europe and North America are stronger (Otto et al. 2007).3 Keywords: Foreign Direct Investment; Gross Domestic Product; None None; Mineral Sector; Welfare Regime (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-0-230-37091-3_4 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Social Policy in a Development Context from Palgrave Macmillan |
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