Open Access BASE1977
Processing mineral raw materials
Abstract
Processing of raw materials by the producer countries themselves has frequently been recommended as an appropriate way for developing countries to increase their domestic value added and achieve positive employment effects. As against that, the following article suggests that Third World governments should not take hasty investment decisions in favour of processing raw materials since the effects on the national economy in terms of the cost-benefit ratio could well be more favourable in other branches of industry.
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