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Minerals-Supply Security And Mineral-Use Efficiency: Some Observations From The 1970–2005 Interval, Ira Sohn Sep 2009

Minerals-Supply Security And Mineral-Use Efficiency: Some Observations From The 1970–2005 Interval, Ira Sohn

Department of Economics Faculty Scholarship and Creative Works

As a consequence of the powerful changes that have occurred over the last three decades in the principal 'drivers' of economic change, there have been significant realignments in the global patterns of production and consumption of natural resources, as well as in the intensity of their use, in the quest to raise the level of material wellbeing throughout the world. In this paper, three large minerals-consuming (and -producing) countries are examined - the USA, China and Russia - and the story of a generation's economic progress (or decline, as the case may be) is seen through the lens of resource …