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Resource Extraction in Developed Countries.
- Which is the difference in resource extraction between developed countries and developing countries?
- Where does resource extraction for developed nations fit in the continuum of extractivism and neo-extractivism?
- What are the effects and implications of resource extraction on the environment and development of a country?
Badeeb, Ramez Abubakr, Hooi Lean, and Jeremy Clark. “The evolution of the natural resource curse thesis: A critical literature survey.” Resources Policy 51 (2017): 123-134.
Gudynas, Eduardo. “Extractivisms: Tendencies and consequences.” Reframing Latin American Development. Routledge, 2018. 61-76.
Discussions of developments and changes surrounding the global environment cut across different platforms. Nature’s reaction to development and interaction with the human population elicits various problems and issues that point to a need for consideration to save the environment. Concern rises for the effects of neo-extractivism, the resource curse on the development and sustainability of the environment because of the resulting harsh impact in the global climate. Extractivism is often associated with developing nations. However, in recent years it has extended further into developed countries. Neo-extractivism is a modern version of extractivism, maintained by the new cultural and political views imposed by the capitalists. Extractivism goes hand in hand with the ‘resource curse.’ The resource curse is a problem evident in the crippling of development for both developed and developing countries. The mining boom is a big problem for nations that carry these resources. Excessive extraction of resources leads to alarming proximity with the wild exposing humans to diseases and infections possibly transmitted from wild plants and animals leading to global pandemics. Activities of neo-extractivism and resource mining cause environmental deterioration and slagged development. It is essential to make significant considerations in development-focused strategies that pose threats to the environment and raise more issues and problems.