Treasure or Trouble? Mining in developing countries
This policy paper for the world bank addresses the question of whether countries consider their mineral wealth an asset, to be used to stimulate or enhance their economic growth potential, or are there reasons to steer an economy away from the development of the mineral sector?Reviewing the cases of 51 “mining countries” in the developing world, three conclusions can be drawn:First, in more cases than not, mining countries appear to fare better than other countries in their respective regions.