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Thursday, July 17, 2014

Treacherous Presidential Policies: The Costs Of Growth In Peru

With little regard for social cost, illegal mining reached unprecedented levels during the 2000s as the global demand for precious metals continued to increase.This ailment has plagued the nation for decades and is now rampant with estimates of unlicensed operators ranging from 100,000 to 550,000. Miguel Santillana from the Institute of Peru discussed some of the damage these unregistered miners leave in their wake, citing “environmental damage … including mercury contamination of water and destruction of the Amazon forest, as well as … increased crime and corruption.” Illegal extraction is one of the many obstacles Humala needs to address more aggressively.
http://www.eurasiareview.com/17072014-treacherous-presidential-policies-costs-growth-peru-analysis/

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