RT Article
T1 The Practice of Mining and Inclusive Wealth Development in Developing Countries
JF Journal of business ethics
VO 135
IS 4
SP 631
OP 643
A1 Bird, Frederick
LA English
PB Springer Science + Business Media B. V
YR 2016
UL https://www.ixtheo.de/Record/1785657712
AB This paper is based upon a review of studies of mining companies, most of them being Canadian, in Chile, northern Canada, Tanzania, Guatemala, Ghana, Sierra Leone and the Democratic Republic of Congo. In spite of often well-meaning efforts, the wealth produced by most mining firms in developing areas largely benefits those immediately involved, sometimes neighbouring communities, and often those in the governing strata. Typically, mining takes place in enclaves and fosters enclave development rather than the kind of inclusive wealth development favoured by the UN’s recently published Inclusive Wealth Report. One way mining operations can foster more inclusive wealth development is to adopt much broader approaches towards the construction of the various physical and social infrastructures required for their own operations. By collaborating with diverse regional, provincial and/or national agencies and businesses, these infrastructures—roads, water, electricity, health services, schools and security—may be developed to serve larger populations and areas beyond their immediate operating sites. Established mining firms can also foster more inclusive wealth development by establishing more formal, collaborative relationships with artisanal miners.
K1 Corporate Social Responsibility
K1 Sustainable Development
K1 Economic assets broadly understood
K1 Enclave development
K1 Extractive versus inclusive public institutions
K1 Natural state and open access social orders
K1 Artisanal miners
K1 physical and economic infrastructures
K1 Social
K1 Inclusive wealth development
DO 10.1007/s10551-014-2378-2