This paper provides a review of current thinking on the economics of international trade in mineral resources. I first define what is meant by trade in mineral resources. I then discuss patterns of trade in mineral resources. The paper then moves on to the five topics requested by the World...

There are frequent suggestions that economies that specialize in mineral and energy extraction generate a type of growth that fails to concurrently benefit the poor. The dynamic effects creating this outcome could include increasing income inequality associated with extraction-led growth or...

Between 1995 and 2001, Jeffrey Sachs and Andrew Warner published a series of influential studies examining mining and energy’s role in economic growth. Their principle finding was that economies heavily dependent on extractive activities in 1971 grew more slowly than non-extractive economies...