The economic and social impact of mining-resources …
3. Mine ownership and fiscal regime under private status3.1. From nationalisation to privatisation. The Zambian mines had begun to be exploited in the …
The economics and politics of nationalisation and …
Some argue that nationalisation will pay for itself, because of the revenue stream it creates for the government. But if so, again, you cannot also promise to slash prices. Because if you do that, it clearly will not pay for itself. And so on. Nationalisation is popular, because its proponents do not usually address these trade-offs.
Small‐scale mining and its socio‐economic impact in …
This article examines both the positive and negative socio-economic impacts of small-scale mining in developing countries, and outlines some key measures …
Resource Nationalism and Political Change: Mine …
6 For a more detailed consideration of the relationship between historical and contemporary resource nationalism in Zambia, see Alex Caramento, '"The curse of …
Mining and biodiversity: key issues and research needs in …
2. The many ways mining activities impact biodiversity. Mining affects biodiversity at multiple spatial scales (site, landscape, regional and global) through direct (i.e. mineral extraction) and indirect processes (via industries supporting mining operations, and external stakeholders who gain access to biodiversity-rich areas as the result of …
What were the positive and negative effects of the …
What were the positive and negative effects of the encomienda system for both the Spanish and the native Amerindians? The encomienda system (in theory) was a feudal-like system where Spaniards ...
Nationalization: Advantages and Disadvantages of Nationalization
Nationalization In economics, nationalization means the establishment of public ownership over the principal means of production. Nationalization implies that, on behalf of the nation, the government of the country owns and operates the productive system, and sometimes also the distributive system. Nationalization is usually done in piecemeal. …
The case for and against bank nationalisation
This column argues for bank nationalisation as the best hope for maintaining a private banking system. Risky, and it could go wrong, but it is the surest path to avoid a "lost decade" like Japan. ... There may well be a positive externality to spending taxpayer money to save a few so we can save the entire system. For economists ...
Evaluation of positive and negative impacts of mining on …
The study revealed the negative impacts of sand mining on the environment, but the socio-economic impacts of sand mining were positive. In total, the positive and negative impact of sand mining on the studied site was found 65.25% and %34.75 respectively.
Nationalization under Bhutto
Nationalization was the policy that was implemented by Zulfiqar Ali Bhutto. Bhutto according to his promise restored the economic order that was badly shaken by the war, attracted towards it. In the Ayub regime wealth was concentrated in few hands that led to a visible class difference in the society. It created hatred for the upper class among ...
Political and Economic Liberalisation in Zambia 1991–2001
KCM Konkola Copper Mines KDMP Konkola Deep Mining Project LPF Liberal Progressive Front LUSE Lusaka Stock Exchange MAFF Ministry of Agriculture, Food and Fisheries MDP Movement for Democratic Process RAKNER I Page 6 Wednesday, October 1, …
Understanding the impacts of mining on local environments …
The effects of mining for the clean energy transition. Global climate change is understood to be the most pressing environmental issue facing humanity today. Mitigating climate change requires reducing carbon emissions by transitioning away from conventional energy derived from burning fossil fuels, to more sustainable energy sources like solar ...
The impact of multinationals in developing countries
For WBA, impact is the change in positive or negative outcomes for people and planet 3. This impact can be quantitative or qualitative and is often, but not always, measurable. More specifically, impact is the influence or effect that a company has on the economy, environment and/or the society within its sphere of influence.
Nationalization in the Mining Industry: A Long and Varied …
The nationalization of the mining industry has become a defining moment in the evolution of nations. In 1917, during the Mexican Revolution, the new government …
Nationalizing South African mines: an enonomic …
Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector and economy. A strong case against nationalization
Review of Environmental and Health Impacts of Mining in …
Introduction. Mineral wealth is an important asset that can be used to stimulate or enhance economic growth and spur infrastructure development, including the building of schools, hospitals and road networks.1 Mining has played a substantial role in the development of Ghana, which is second only to South Africa in terms of gold …
Nationalizing South African mines: an economic assessment
SYNOPSIS. Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known …
Impacts of Mining
What are the positive impacts of mining? ... The 'resource curse' refers to the negative effects that low-income countries experience as a result of being rich in natural resources. An abundance of natural resources like oil, gas and minerals should lead to economic prosperity. However, it often results in high levels of conflict ...
Nationalization: Definition and How It Works in the Oil …
The oil industry has experienced nationalization actions for decades, dating back to Mexico's nationalization of the assets of foreign producers such as Royal Dutch and Standard Oil in 1938 and ...
Nationalizing South African mines : an economic assessment
Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is …
Nationalisation of Banks in India: What, Why, …
It is evident that the nationalisation of banks has provided both the negative and positive impacts in the Indian banking sector and economy. The 50 th anniversary of the nationalisation of banks can be …
Nationalisation
Nationalisation. Most of the UK's major strategic heavy industries and public utilities were nationalised between 1946 and the early 1950s, only to be returned to the private sector between 1979 and 1990.. Examples of nationalisation. 1946 – The Bank of England was the first organisation to be nationalised by the new Labour government …
globalEDGE Blog: To Nationalize or Not? The Pros and Cons …
Nationalizing the mines could significantly decrease foreign investment in South Africa's mining industry, as investors would see their investments at risk with government …
The pros and cons of nationalisation
Critics of nationalisation argue that governments are motivated by political pressures rather than sound economic and business sense. ... The government might then be reluctant to get rid of the ...
Advantages and Disadvantages of Nationalization
Advantages of Nationalisation. 1. It helps to check exploitation: Just like I have discussed before, Nationalisation of helps to stop exploitation by foreign and private businesses in the nation. When the government take control of the business, citizens will enjoy because the government might provide that same service for free or fore a lesser …
The economic and social impact of mining-resources …
The nationalisation of copper mines some years after independence (1964) and their subsequent privatisation at the beginning of the current century constituted key …
Nationalisation of Banks in India: Meaning, Phases & More
The nationalisation of banks in India was a transformative event that redefined the Indian banking landscape. Though it brought several benefits, it also faces some criticisms. This article aims to study in detail the concept of nationalisation of banks in India, its history, objectives, impact, criticisms, and other related aspects.
Nationalisation Explained In Depth With Effects, Pros and …
Nationalisation is the action of a government seizing control of a firm or industry, which usually occurs without compensation for the loss of the cumulative value of seized assets and potential income. The action could result from a government's attempt to consolidate power, dislike of foreign ownership of businesses important to the local …
Positive and Negative Effects of Coal
However, using coal as a source of energy comprises of many facts that makes it accompanied with positive as well as negative effects. Researchers have claimed that there many factors that should be considered while considering the use of coal as energy. ... Acid Rain: The scariest part of using coal mining is that it can lead to the …
Bhutto's Economic Turn Nationalization in 1970s Pakistan
This essay delves into the rationale behind Bhutto's nationalization policies, the industries affected, the impact on the economy, and the long-term consequences. Rationale for Nationalization: Bhutto's nationalization policies were grounded in his commitment to social justice, poverty alleviation, and reducing economic disparities.