Raw Materials Exports

RESOURCE DEVELOPMENT

Effective resource development within a society involves the development of human resources, and domestic processing and manufacturing capacity, as well as the development of physical resources (Palombara, 1974, pp. 233-282). All too many developing countries continue to emphasize the development of their natural physical resources, at the expense of the development within the developing countries, of their human resources, and domestic processing and manufacturing capacities. A typical pattern for the development of natural physical resources in a developing country involves (1) the development of extractive or harvesting industries within a developing country, (2) the shipment of the resource in its raw state to a developed country, (3) the processing of the resource, and, where applicable, the manufacture of products from the processed resource in a developed country, and (4) the sale of finished products by a develope

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in an attempt to form a world wide bauxite cartel. Bauxite is a clay like substance composed of hydrous aluminum oxides, and other oxides. Throughout the world, it is the primary source of aluminum used in commerce and industry. In the 1970s, Jamaica did not have an aluminum processing capacity. What the country did have, however, were enormous deposits of both bauxite, and a relatively pure form of alumina. The bauxite deposits were approximately six times as large as were the alumina deposits. Jamaica's bauxite and alumina resources were developed by American (four) and Canadian (one) companies. In 1974, with the recent successes of OPEC as an incentive, the Jamaican government attempted to increase the taxes paid by the American and Canadian companies engaged in bauxite and alumina mining in Jamaica. Jamaica's efforts to raise taxes on the bauxite mining companies met with strong resistance from the companies, and from the American and Canadian governments. In part, this resistance was successful, because the increased cost of energy, brought on by OPEC's successes, (1) raised the price of processed aluminum, which, in turn, decreased the demand for the product, and (2) led to an economic recession i
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Some common words found in the essay are:
DEVELOPMENT Effective, American Canadian, Mirus Yeung, Countries OPEC, Saudi Arabia, Arabia Kuwait, Elderkin Norquist, STRATEGY ALTERNATIVES, INTRODUCTION STATEMENT, Intelligence Unit, developing countries, physical resource, developed countries, physical resources, target country, developing country, domestic processing manufacturing, processing manufacturing, target economy, american canadian, resource development, physical resource cartel, processing manufacturing capacities, entity selling country, natural physical resources,
Approximate Word count = 2472
Approximate Pages = 10 (250 words per page)

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