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Copper Mining and its Impact on Chile’s Development

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  • Arellano, José Pablo

Abstract

Copper mining has become key in the Chilean economy because of its expansion, which began in the late 1980’s, and its recent price boom. This article documents this expansion and explains how copper has contributed to the country’s development. We study the multiplying effect of copper and we explore how to boost it and accelerate its contribution to development. The conclusions drawn here are also significant for countries where mining and the exploitation of other natural resources have fueled price booms.

Suggested Citation

  • Arellano, José Pablo, 2012. "Copper Mining and its Impact on Chile’s Development," Revista Integración y Comercio (Integration and Trade Journal), Inter-American Development Bank, INTAL, vol. 35(16), pages 45-57.
    • Handle: RePEc:idb:intala:jou:integandcom:v:35:y:2012:i:16:p:45-57
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    More about this item

    Keywords

    RECURSOS MINERALES; COBRE; INDUSTRIA MINERA; PRECIOS;
    All these keywords.

    JEL classification:

    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • P22 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Prices

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