File Name: social conflict economic development and extractive industry evidence from south america .zip
The resource curse , also known as the paradox of plenty or the poverty paradox , is the phenomenon of countries with an abundance of natural resources such as fossil fuels and certain minerals having less economic growth , less democracy , or worse development outcomes than countries with fewer natural resources. There are many theories and much academic debate about the reasons for, and exceptions to, these adverse outcomes.
Lima, A colleague begins a postgraduate seminar on extractive industries by presenting students, drawn from across Latin America, with a series of quotations on the relationships between extraction, development strategy, and society. The quotations are unlabeled, though the students are told that they come from Latin American presidents and vice presidents, representing political positions ranging from the self-consciously neoliberal to the ostensibly post-neoliberal. The task was to assign the quotations to these politically very different leaders. The success rate was not high. The point, of course, was to suggest that extractive economies can do strange things to politics, reining in the possibilities of innovation even under progressive government. Unable to display preview. Download preview PDF.
Synopsis: The extraction of minerals, oil and gas has a long and ambiguous history in development processes — in North America, Europe, Latin America and Australasia. Extraction has yielded wealth, regional identities and in some cases capital for industrialization. In other cases its main heritages have been social conflict, environmental damage and underperforming national economies. As the extractive economy has entered another boom period over the last decade, not least in Latin America, the countries in which this boom is occurring are challenged to interpret this ambiguity. Will the extractive industry yield, for them, economic development, or will its main gifts be ones of conflict, degradation and unequal forms of growth. This book speaks directly to this question and to the different ways in which Latin American countries are responding to the challenge of extractive industry.
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Two fundamental realities should be considered when it comes to the extractive industry in Peru: On the one hand, there is a great deal of pressure in and on the industry to get resources out of the ground. On the other hand, the industry is still facing many challenges. This article depicts the journey undergone in exploring one particular challenge that has been accompanying almost every new mining report: social conflicts. Peru is located in South America, sharing northern borders with Ecuador and Colombia, an eastern border with Brazil, a southeastern border with Bolivia, and a southern border with Chile.
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