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advantages of nationalising the countrys mining sector

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The Role of Mining in National Economies
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Macroeconomic contributions of mining in national economies with low or middle incomes 31 Foreign direct investments (ISD) In most cases, the contribution of the mining industry of the country on total FDI is very high, usually more than half of the total annual FDI This contribution is significant, especially in low-income countries....

List of nationalizations by country
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1945-51 The Labour Party comes to power in the Attlee ministry with a program for nationalising weak sectors of the economy 1946 Coal industry under the National Coal Board (later British Coal) with the Coal Industry Nationalisation Act 1946 1946 Bank of England - its private shareholders who were bought out by the state...

WHO BENEFITS FROM MINING?
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WHO BENEFITS FROM MINING? Over the last few years, the tide of resource nationalism has risen globally with countries from Africa to Australia, Brazil, Canada, Chile and India considering options to increase state interventions in the mining sector But nowhere was a debate on the desired level of state...

nationalising mines in south africa
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advantages and disadvantages of nationalising the mining sector , Posted at: August 17, 2012 Free Essays on Advantages And disAdvantages6 Into , Search Results Nationalisation Of MInes In South Africa Count: 2500 Kopano ,...

advantages and disadvantages of ,
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South Africa's mining industry is supported by an extensive and diversified , to the Government's philosophy and policy on competition and privatisation , the benefits of the application of such support to other mining or non-mining activities , should not place them at a disadvantage in relation to overseas competitors »More ....

The case against nationalisation
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The mining sector currently employs 500 000 people directly and creates another 500 000 jobs through the expenditure multipliers and industries that either use mining inputs or supply inputs to the mining sector (ie 12% of total formal sector employment)...

7 Government
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Mining is important to the United States because the country is both a major consumer and a major producer of mineral commoditi This section first discusses the benefits of research and development on new technologies in exploration, mining, and mineral processing for consumers and producers ....

Nationalization
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Nationalization, or nationalisation, is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state Nationalization usually refers to private assets or assets owned by lower levels of ,...

Advantages of Nationalization
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Mar 11, 2011· Advantages of Nationalization , Government is an position to modernize the industry, communications and transport for the best interest of the nation So rapid growth of industries causes economic prosperity in the country , The state interested in providing just rates of pay, security of services and other fringe benefits So peaceful ....

What are the pros and cons of mining?
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Aug 29, 2018· Simply said Mining is the extraction of valuable minerals or other geological minerals from earthGenerally there are two types of Mining i,e; Surface Mining, Sub-surface Mining(Underground) MiningMost of the places Surface Mining is quite common....

Problems in the mining industry in South africa
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The mining industry has substantial multiplier effects on the rest of the economy, but it could contribute even more to the development of other enterpris We need to take a hard look at the potential for downstream processes if the country is to benefit from these enviable mineral resourc...

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