The Asian Century, Sustainable Growth and Climate Change

The Asian Century, Sustainable Growth and Climate Change

Responsible Futures Matter

Edited by Moazzem Hossain, Tapan Sarker and Malcolm McIntosh

This path-breaking book investigates the challenges of realizing the Asian century. Prosperity in Asia does not only mean economic growth; the issues of public health, sanitation, income equality, the social safety net and efficient use of natural resources are also important. It argues for new policy initiatives in social, environmental and natural resource areas of South, Southeast and East Asia.

Chapter 10: Sustainable resource development in Asia: challenges and opportunities

Vigya Sharma and Tapan Sarker

Subjects: asian studies, asian economics, economics and finance, asian economics, environmental economics, environment, climate change, environmental economics


This chapter examines the role that mineral resources and sustainable mining may play in Asia’s future growth and development. Across Asia, several big and small nations are endowed with rich deposits of valuable metals and minerals. While for some of these nations, mining has remained a long-term economic activity, for other smaller nations, minerals development is slowly but surely catching momentum. This chapter has a two fold purpose: firstly, it reflects on the experiences of other resource-rich regions in the world and in doing so, suggests how resource development can provide long-term opportunities to enhance the socio-economic status of Asia’s developing regions. Secondly, it acknowledges the transformational nature of mining from a socio-cultural and ecological standpoint. A key objective of this chapter, therefore, is to understand how Asia’s current and future policymakers might best optimize opportunities provided by mining without succumbing to the many potential challenges – social, environmental, institutional as well as economic – inherent to resource development. The chapter is organized in six parts. The following section ‘Sustainable Resource Development: Principles and Practice’ provides a theoretical underpinning of the key principles and characteristics identified with sustainable resource development. The section ‘Resource Development in Asia: An Intellectual Review’ reviews the state of mining in Asia and identifies the region’s vital resource sector players.

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