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The common heritage of mankind as a means to assess and advance equity in deep sea mining

Author

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  • Bourrel, Marie
  • Thiele, Torsten
  • Currie, Duncan

Abstract

A key objective of the United Nations Convention on the Law of the Sea (UNCLOS) as stated in its Preamble, is to contribute to the realisation of a just and equitable international economic order which takes into account the interests and needs of mankind as a whole and, in particular, the special interests and needs of developing countries. As for any other principles of international law, the context within which the principle of the common heritage of mankind (CHM) has been developed is essential to understanding the philosophy behind it, its evolution and more particularly, the challenges faced today for is effective implementation as a means to advance the concept of equity in the context of deep sea mining (DSM mining).

Suggested Citation

  • Bourrel, Marie & Thiele, Torsten & Currie, Duncan, 2018. "The common heritage of mankind as a means to assess and advance equity in deep sea mining," LSE Research Online Documents on Economics 67988, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:67988
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    File URL: http://eprints.lse.ac.uk/67988/
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    More about this item

    Keywords

    common heritage of mankind principle; equity; deep sea mining; developing States; United Nations Convention on the Law of the Sea; International Seabed Authority;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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