Contemporary policy debates on the macroeconomics of resource booms often concentrate on the short-run Dutch disease effects of public expenditure ignoring the possible long-term effects of alternative revenue-allocation options and the supply-side impact of royalty-financed public investments....

There is no doubt that an improved hazardous waste management in mining and mineral processing will reduce environmental and health risks in South Africa. However, skeptics fear that waste reduction, appropriate treatment and disposal are not affordable within the current economic circumstances,...