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Social Policy and State Revenues in Mineral-Rich Contexts

In: Mineral Rents and the Financing of Social Policy

Author

Listed:
  • Leonith Hinojosa
  • Anthony Bebbington
  • Armando Barrientos

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

Suggested Citation

  • Leonith Hinojosa & Anthony Bebbington & Armando Barrientos, 2012. "Social Policy and State Revenues in Mineral-Rich Contexts," Social Policy in a Development Context, in: Katja Hujo (ed.), Mineral Rents and the Financing of Social Policy, chapter 4, pages 91-121, Palgrave Macmillan.
    • Handle: RePEc:pal:sopchp:978-0-230-37091-3_4
    DOI: 10.1057/9780230370913_4
    as

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