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Processing of raw materials by the producer countries themselves has frequently been recommended as an appropriate way for developing countries to increase their domestic value added and achieve positive employment effects. As against that, the following article suggests that Third World...
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In 2017, Russia extended its market share in the European Union. EU imports from Russia went up from 119 to 145 bn euros, while Russia's share in the overall European imports rose to 7.8% ( 0.9 p.p.). Such growth was due to rising prices on principal products of Russian export – fuel raw...
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In our study, we individually forecast 26 metal prices one-month ahead and outperform the predefined benchmark model, a random-walk (with drift) in 18 (18) cases. These forecasts are based on an overview over a large set of potential predictors for mineral commodities, originating from studies...
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In this working paper, we explore these questions based on analysis of a dataset of mining and mineral exploration projects covering all the major commodities or commodity groups in six Arctic countries or territories - Canada, Greenland, Finland, Sweden, Norway and Alaska. We do so through an...
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