Mineral development and mining policy in Greenland ...

The present document analyzes the economy of Greenland, a Danish self-governing territory and highlights the narrow resource base of the Greenlandic economy. To provide the founda tion for an analysis of the mineral policies that have been followed in the past, and for the pro posed reform of these...

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Bibliographic Details
Main Author: Sinding, Sinding
Format: Text
Language:English
Published: University of British Columbia 2009
Subjects:
Online Access:https://dx.doi.org/10.14288/1.0081110
https://doi.library.ubc.ca/10.14288/1.0081110
Description
Summary:The present document analyzes the economy of Greenland, a Danish self-governing territory and highlights the narrow resource base of the Greenlandic economy. To provide the founda tion for an analysis of the mineral policies that have been followed in the past, and for the pro posed reform of these policies, three areas of relevance are identified, economic impact and longterm sustainability, taxation and economic regulation, and technical regulation. In each of these areas, the literature is analyzed, and a range of practical solutions are surveyed. A detailed analysis of past and present mineral policy in Greenland is conducted, which concludes that investment is insufficient, and that the structure of the policy is unsuitable in a number of areas. Based on these conclusions, and on the analysis carried out in the three areas identified, a completely new policy is proposed. This proposal includes both a detailed part dealing with the direct management issues relevant to the drafting of a new mining law, ...