Title of article :
Assessment of the role of the state in the management of mineral resources
Author/Authors :
Litvinenko ، Vladimir S. Saint Petersburg Mining University , Petrov ، Evgenii I. Federal Agency for Subsoil Use , Vasilevskaya ، Daria V. RF Government Office , Yakovenko ، Aleksandr V. Diplomatic Academy of the Russian Foreign Ministry , Naumov ، Igor A. Saint Petersburg Mining University , Ratnikov ، Maksim A. Saint Petersburg Mining University
Abstract :
Mineral resources as natural capital can be transformed into human, social and physical capital that guarantees the sustainable development of a country, exclusively through professional public management. Public management of a country s mineral resource potential is seen as an element of transnational governance which provides for the use of laws, rules and regulations within the jurisdictional and sectoral capabilities of the state, minimising its involvement as a producer of minerals. The features of the ideology of economic liberalism, which polarises the societies of mineral-producing countries and denies the role of the state as a market participant, have been studied. The analysis of the influence of the radical new order of neoliberal world ideology on the development of the extractive sector and state regulation has been presented.
Keywords :
mineral resources , mineral raw materials , public management , transnational governance , economic libera , lism , neoliberal financial ideology , ESG principles in the mining sector , state policy in the field of minerals
Journal title :
Journal of Mining Institute
Journal title :
Journal of Mining Institute