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Maksim A. Ratnikov
Maksim A. Ratnikov
Deputy Head of Department
Saint Petersburg Mining University
Deputy Head of Department
Saint Petersburg Mining University

Articles

Economic Geology
  • Date submitted
    2022-11-08
  • Date accepted
    2022-11-21
  • Online publication date
    2022-11-29
  • Date published
    2023-02-27

Assessment of the role of the state in the management of mineral resources

Article preview

Mineral resources as natural capital can be transformed into human, social and physical capital that guarantees the sustainable development of a country, exclusively through professional public management. Public management of a country's mineral resource potential is seen as an element of transnational governance which provides for the use of laws, rules and regulations within the jurisdictional and sectoral capabilities of the state, minimising its involvement as a producer of minerals. The features of the ideology of economic liberalism, which polarises the societies of mineral-producing countries and denies the role of the state as a market participant, have been studied. The analysis of the influence of the radical new order of neoliberal world ideology on the development of the extractive sector and state regulation has been presented.

How to cite: Litvinenko V.S., Petrov E.I., Vasilevskaya D.V., Yakovenko A.V., Naumov I.A., Ratnikov M.A. Assessment of the role of the state in the management of mineral resources // Journal of Mining Institute. 2023. Vol. 259. p. 95-111. DOI: 10.31897/PMI.2022.100