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Number of results: 4
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Abstract

Natural resources and the extractive industries play a central role in the economy of developing countries and the lives of nearly half of the world’s population. The increasing demand for oil, gas, and mineral resources has led some countries to prioritize the extractive industries; yet, there is growing empirical evidence that in some cases governments have neglected other sectors of the economy, making them highly dependent and vulnerable to volatile commodity prices. Latin American countries face the challenge of changing their model of primary-export specialization and move away from their dependence on natural resource-intensive exports in order to avoid being vulnerable to commodity cycles. In this context, given the limited literature available on measuring the dependence on the extraction of oil, gas and minerals of the Ecuadorian economy, the objective of this article is to twofold. First, to provide a snapshot of the historical and current situation of Ecuador’s natural resource dependence. Second, to estimate the Extractives Dependence Index (EDI) scores for Ecuador for the years 2003 to 2017. The EDI is a generally accepted method for measuring a country’s aggregate dependence on natural and mineral resources. Based on the EDI scores obtained, we analyze the variation of this indicator and investigate the effect of extractives dependence on the Ecuadorian economy. Results show that despite the government’s significant efforts to diversify Ecuador’s economy, the country has a persistent dependence on the extractive sector.

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Authors and Affiliations

Pablo Benalcazar
Luis Felipe Orozco
Jacek Kamiński
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Abstract

For much of the last two decades, the Central and East European (CEE) economies have experienced a deep structural reform, moving away from a socialist economic system towards a market economy. The political situation of the second half of the 20th century had a significant impact on the economic development and competitiveness of these transition countries, when compared with their Western European counterparts. A vast number of studies have been conducted to analyze the structural changes required for resource-dependent economies to achieve long-term development and to understand the synergies between commodities and diversification. Yet, the dynamics of resource extraction and the resource dependence of regions that have experienced periods of sustained levels of growth have largely been overlooked, especially the Central and Eastern European region. In this context, this article presents an analysis of the level of resource dependence of six countries which joined the European Union between 2004 and 2007. Using data spanning from the year 2000 to 2017, we calculate the Extractives Dependence Index (EDI) of six former Soviet satellite nations and one former Soviet state. Our results indicate that the commodity structure of trade in the six countries which joined the European Union has changed considerably. These countries have reduced their economic dependence on extractive resources by developing their high value-added and technology-intensive sectors. Our findings also reveal that Poland experienced the highest decrease in EDI scores among the six CEE countries.

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Authors and Affiliations

Marcin Malec
ORCID: ORCID
Pablo Benalcazar
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Abstract

The Green Deal and the New Industrial Strategy for Europe recognize the access to raw materials and the security of supply from secondary and primary sources as essential for Europe’s transition to sustainability. It can be expected that with the development of the circular economy approach, the extraction of primary resources would be diminished, but it is emphasized that a circular economy may need a wider range of metals and other raw materials critical to the new environmentally friendly technology, especially in renewable energy and mobility. Therefore, the latest global initiatives and EU policies focus on ensuring resource efficiency in a holistic manner, from the extraction of raw materials to the re-use of the end products, which requires data transparency not only on material and waste flows, but also on financial and economic burdens including incentives and subsidies. In addition, for sectors with significant environmental impacts, the transparency of information on payments to central governments and local authorities can increase social acceptance and accountability and allow for further development. The paper analyzes regulations and initiatives supporting the disclosure of wider data than required in financial and corporate social responsibility reporting related to the implementation of a circular economy. As circular economy indicators take upstream resource flows into account, the transparency of environmental and economic data in the value chain is required, for example for the calculation of the environmental footprint. Moreover, transparency is important for mining companies’ stakeholders to increase social acceptance of mining activities and facilitate the transition to a circular economy.
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Authors and Affiliations

Agnieszka Nowaczek
1
ORCID: ORCID
Joanna Kulczycka
1
ORCID: ORCID
Ewa Dziobek
1
ORCID: ORCID
Daina Kalnina
2
ORCID: ORCID

  1. Mineral and Energy Economy Research Institute of the Polish Academy of Sciences, Kraków, Poland
  2. Riga Technical University, Ryga, Latvia
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Abstract

A systematic increase in the demand for mineral raw materials combined with the difficulty of obtaining them from primary sources, made it necessary to use secondary ones including mineral waste. The effectiveness of the management of mineral waste stored in landfills and from current production depends on many factors. The most important ones include the legal regulations of this activity and the technical and organizational determinants of deposit exploitation, processing, and refining of minerals.
The paper analyzes the current waste (including mining waste) management regulations. The technological discrepancies in these regulations, as well as missing or inaccurate classifications, were demonstrated. The interchangeable use of notions: mining/mine and extractive/extraction is a primary source of problems. It also has to be noted that accompanying and joint minerals are not defined in appropriate legislation. Attention was also paid to the omission of important issues in these regulations, e.g. product structure, construction of anthropogenic deposits, etc. It was emphasized and demonstrated with examples that the comprehensive and rational exploitation of mineral deposits, combined with processing and refining of mineral raw materials is an effective way of using mineral waste. The obtained results allowed for formulating proposals regarding legal provisions regulating waste management and the recommendation of technical and organizational solutions for the activities of mining, processing, and refining of mineral raw materials.
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Authors and Affiliations

Ryszard Uberman
1
ORCID: ORCID

  1. Mineral and Energy Economy Research Institute of the Polish Academy of Sciences, Kraków, Poland

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