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| Name | Trade in raw materials: Why export restrictions don’t work |
| Video Uploader | Video From OECD |
| Upload Date | This Video Uploaded At 08-02-2017 09:19:27 |
| Video Discription | How do raw materials impact sustainable, economy-wide growth? Trade in raw materials is important for economic growth, and restrictive policies such as high export taxes may hamper development in mineral-rich economies. Our study finds that countries that rely heavily on their mineral wealth tend to have weaker institutions, spend less on education, and suffer from higher corruption. Find out more in this OECD study about how countries like Australia and Chile can capitalise on their resources and reform their export restrictions to build healthier and stronger economies. To visualise our raw materials data, visit: https://compareyourcountry.org/trade-in-raw-materials?cr=oecd&lg=en Follow us on social media: https://www.oecd.org/social-media Edited: 31/03/21 |
| Category | News & Politics |
| Tags | raw materials | trade | protectionism | resources | resource curse | trade policy | export tax | export restrictions |
