Volume 17, Issue 4: Mining
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Editorial
(Institute of Development Studies, 01/10/1986) -
Reverse Dutch Disease and Mineral Exporting Developing Economies
(Institute of Development Studies, 01/10/1986)SUMMARY It is fashionable to refer to the effects of the export booms which most mineral exporting developing economies have experienced at one time or another over the last 20 years as the ‘Dutch Disease’. The original ... -
From Boom to Bust - oil Exporting Countries over the Cycle 1970-84
(Institute of Development Studies, 01/10/1986)SUMMARY In theory oil windfalls represent Ricardian rent, to be allocated ‘optimally’ over time and across uses. In practice, historical and political determinants of their use are powerful, and oil incomes have also been ... -
Prices and Output in Two Oil-based Economies: The Dutch Disease in Iran and Nigeria
(Institute of Development Studies, 01/10/1986)SUMMARY This article discusses the theoretical structure and two empirical applications of the so?called ‘Dutch Disease’ model: a booming oil sector, expanding non?traded goods (and services) sector, declining or stagnant ... -
Prospects for the Minerals Industry: A View from a Mining Company
(Institute of Development Studies, 01/10/1986)SUMMARY During the past decade the minerals industry has faced persistent excess capacity largely because investment took place in advance of an expected growth of demand which failed to materialise. Prices have consequently ... -
The United Kingdom's Experience with North Sea Oil and Gas
(Institute of Development Studies, 01/10/1986)SUMMARY Oil has been important but not dominant in the UK economy. Extraction has been done mainly by private firms. Allocation of leases has been discretionary, and there has been little obvious attempt to slow the release ... -
The Collapse of the International Tin Agreement
(Institute of Development Studies, 01/10/1986)SUMMARY On 24 October 1985 the International Tin Council announced that it could not pay its debts to banks and metal brokers. The crisis ended with the ITC facing legal actions after defaulting on almost £900 mn. Its ... -
The Economics of Labour Shortage: Three Case Studies from Northern Borneo
(Institute of Development Studies, 01/10/1986)SUMMARY This article briefly examines the causes of labour shortage in the oil?producing states of Brunei, Sabah and Sarawak. In Brunei, it is caused entirely by high public expenditures, financed by oil revenues. In the ... -
Chilean Copper Policy: International and Internal Aspects
(Institute of Development Studies, 01/10/1986)SUMMARY The Chilean policy of expansion of copper output in an otherwise depressed international market has been criticised as detrimental both to the world copper industry and to the Chilean economy itself. However, it ... -
States, Mining Companies and State Corporations: a Review Article
(Institute of Development Studies, 01/10/1986)SUMMARY Through detailed reference to four key recent publications, this review article examines relationships within the mining sector between major multinational corporations and developing country governments. Carnegie's ...
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