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Undermining prediction

  • 14/09/1995

Undermining prediction Contrary to the predictions, starting from the '50s, till the '80s, the world has not seen largescale and persistent shortage of minerals essential for industrial economies, despite prodigious consumption. And the scenario might even remain bright in the near future, claims a study conducted in the United States. But since global availability of raw materials depends on policy decisions, and keeping in mind the high priority placed on environmental security, the study suggests policy reforms in the mineral-rich developing nations. Environment-friendly policy changes will only help attract foreign investments to these developing economies.

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