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Post date: May 8, 2008 10:28:56 PM
Spanish Version. UNRISD has continued its research on the decisive issue of mineral rents, development and social policies, with a seminar on "Social Policy in Mineral-Rich Countries." Several thematic and case studies were presented, which covered the general problem, as well as countries such as Chile, Indonesia, Nigeria, and Norway.Previous UNRISD findings[1] on the subject had aroused quite an argument in Chile, which helped to create public awareness that led to the imposition of a especial tax on mining profits in 2005.
This debate will probably continue with the CENDA paper, which shows that - based on their own financial reports, which are for the first time presented to the public in a comprehensive manner - the private mining industry is withdrawing yearly earnings that are the equivalent of the major part of Chilean public social expenditure.
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