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Escaping the critical minerals curse

Author

Listed:
  • Rabah Arezki

    (John F. Kennedy School of Government - Harvard University, CERDI - Centre d'Études et de Recherches sur le Développement International - IRD - Institut de Recherche pour le Développement - CNRS - Centre National de la Recherche Scientifique - UCA - Université Clermont Auvergne, FERDI - Fondation pour les Etudes et Recherches sur le Développement International)

  • Frederick van Der Ploeg

    (University of Oxford, UvA - Universiteit van Amsterdam = University of Amsterdam, CEPR - Center for Economic Policy Research)

Abstract

A race is raging among the superpowers over critical minerals in developing countries to power the simultaneous energy and digital transitions that the world is experiencing. The extraordinary growth in demand for critical minerals is putting upward pressure on prices and stimulating new critical mineral discoveries around the world. In developing countries, the new bonanza from critical minerals presents opportunities but also important risks. In this Policy Insight, the authors argue that absent governance system shifts, developing countries risk facing a ‘critical minerals curse'.

Suggested Citation

  • Rabah Arezki & Frederick van Der Ploeg, 2025. "Escaping the critical minerals curse," Post-Print hal-05603850, HAL.
    • Handle: RePEc:hal:journl:hal-05603850
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