Abstract
In resource-rich countries, local content policies (LCPs) have been implemented but with mixed results. We argue here that once designed, these policies must be anchored in a policy package that assists companies comply with regulations as well as strengthens local capabilities. To illustrate how this can be achieved, we propose a taxonomy of LCPs with examples.
Original language | English |
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Pages (from-to) | 395-399 |
Number of pages | 5 |
Journal | Extractive Industries and Society |
Volume | 8 |
Issue number | 1 |
DOIs | |
Publication status | Published - Mar 2021 |
JEL classifications
- l72 - Mining, Extraction, and Refining: Other Nonrenewable Resources
- o25 - Industrial Policy
Keywords
- Industrial policy
- Local content policy
- Mining
- Natural resources