LATEST PUBLICATIONS
PIDS EPM 2020-2021
Reset and Rebuild for a Better Philippines in the Post-pandemic World
DLSU-AKI Working Paper Series 2021-11-079
Examining and Evaluating the Multidimensional Energy Poverty Index (MEPI) in the Philippine Household Context
DLSU-AKI Working Paper Series 2021-11-078
A Game Theoretic Study on CSR and Government Intervention for Sustainable Production
DLSU-AKI Working Paper Series 2021-11-077
Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries

LATEST AV MATERIALS
PIDS WB 2021-1104
Assessing the Philippines' Performance in Meeting the ASEAN Economic Community Vision 2025
PIDS WB 2021-1103
Examining The Health Impacts Of The COVID-19 Pandemic In The Philippines
ILS-AVP-01
ILS 30th Anniversary Video
PIDS WB 2021-1102
Evaluating the Pantawid Pamilyang Pilipino Program's Payment System
Publication Detail
Asian Institute of Management Working Paper No. 13-027: Governance and Market Failures in Mining: Lessons from the Marcopper Mine Disaster in Marinduque, Philippines

The Philippines sits atop vast mineral deposits estimated to be worth around PhP 47 trillion. Yet mining in the Philippines has a mixed track record as far as its impact on human and economic development. This paper tries to draw lessons from the Marcopper Mine in Marinduque, Philippines, using a framework — what we call a "mining and inclusive growth causality chain" — to begin to think through how extractive industries can contribute to inclusive growth. Essentially, there is a chain of inputs and events that — when properly executed by various stakeholders — could lead to very strong economic and human development outcomes not just for the communities directly affected by the mine, but also the country as a whole. Too often, this chain is easily broken by both governance and market failures. Addressing these failures through such means as proper consultative mechanisms, transparent and professionally managed wealth funds, and accountability arrangements for key stakeholders (including mining companies, government agencies, and key regulators) could all contribute to a properly functioning "production chain" that sees natural resource wealth transformed into development outcomes.

AIM Rizalino S. Navarro Policy Center for Competitiveness
Authors Keywords
Mendoza, Ronald U.; Canare, Tristan A.; Lindon, John; mining; inclusive growth; corporate social responsibility; responsible mining;
Download PDF Number of Downloads
Published in 2013 and available in the Asian Institute of Management Research and Publications website or Downloaded 457 times since January 13, 2014
×
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.


To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
Age:
Gender:
If Prefer to self-describe, please specify:
Level of Education:
Occupation:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.