Marine mining and its potential implications for low- and middle-income countries

Anton Löf, Magnus Ericsson and Olof Löf

No wp-2022-170, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: After 50 years of optimistic predictions that marine mining will soon take off, it still remains to be seen if and when this will happen. In 2018 the total value of all marine mining, including both offshore mining and the so far non-existing deep-seabed mining, was estimated to be around US$35 billion, less than 1 per cent of land-based mining. This paper focuses on the potential economic effects for LICs and MICs of expanding the extraction of marine deposits.

Keywords: Marine resources; Mining; Fiscal regime; Low income countries; Middle-income countries (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/Publ ... income-countries.pdf (application/pdf)

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: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2022-170

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().