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| Author: | Reed, D. |
| Title: | Resource Extraction Industries in Developing Countries |
| Journal: | Journal of Business Ethics
2002 : VOL. 39:3, p. 199-226 |
| Index terms: | BUSINESS ETHICS ETHICS DEVELOPING COUNTRIES |
| Language: | eng |
| Abstract: | Over the last one hundred and fifty years, the extraction and processing of non-renewable resources has provided the basis for the three industrial revolutions that have led to the modern economies of the developed world. In the process, the nature of resource extraction firms has also changed dramatically, from small-scale operations exploiting easily accessible deposits to large, vertically integrated, capital intensive transnational corporations characterized by oligopolistic competition. In the last ten to fifteen years, coinciding with processes of economic globalization, another major change has been occurring as resource extraction industries have been shifting their operations from developed to developing countries. |
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