Mining and poverty reduction: Transforming rhetoric into reality

摘要: Abstract This article critically evaluates the contribution that mining has made to poverty reduction, and assesses prospects for better performance in future. The starts from two assumptions mineral resources are a potentially great source of wealth poor countries, various ill-effects associated with “resource curse” not inevitable. It then directs its attention toward World Bank, leading advocate mining-led development an institution core mandate reduce poverty. Employing Bank's own conceptualization as analytical framework, demonstrates dismal empirical track record date reduction. While theoretical reasons believe can contribute alleviation perhaps sound, reality mineral-led lived up rhetorical promise. elucidates problems existing approaches recently concluded Extractive Industries Review dramatic new paradigm shift thinking on concludes positively alleviation, but only if variety demanding preconditions met.