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The Economic Value of Industrial Minerals and Rocks for Developing Countries: A Discussion of Key Issues

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  • Wilson, Tetevi Bahun
  • Amavilah, Voxi Heinrich

Abstract

This paper provides a few general comments on the nature and economic value of industrial minerals and rocks and the need for an increased exploitation and use of these materials in developing countries. These materials are of great economic value as main raw materials for the construction, glass, abrasive, paper, chemical, ceramics, metallurgical and agricultural industries. Developing countries dispose of many of these materials, and could derive greater economic benefits from them. Per capita consumption of industrial mineral products continues to grow in developed countries and part of this demand could be met by exports from developing countries. The paper describes some of the issues to be addressed and steps to be taken if developing countries are to gain from industrial minerals and rocks

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 2214.

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Date of creation: 12 Mar 2007
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Handle: RePEc:pra:mprapa:2214

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Keywords: Economic value industrial minerals and rocks; consumption industrial minerals and rocks; production industrial minerals and rocks; developing countries benefit minerals and roc;

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  1. J. Bradford De Long & Lawrence H. Summers, 1990. "Equipment Investment and Economic Growth," NBER Working Papers 3515, National Bureau of Economic Research, Inc.
  2. Panzar, John C & Willig, Robert D, 1981. "Economies of Scope," American Economic Review, American Economic Association, vol. 71(2), pages 268-72, May.
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