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HUMPHREYS
To process or not to process?
Indonesia is doing it and so are South Africa, India and DRC. Tanzania wants to do it and so do many other countries. Demands from mining countries to process more of the ores they produce into refined products has seemingly never been stronger.
A key policy instrument for bringing this about is export restrictions. These come most commonly in the form of export taxes but can include quotas, special licensing provisions, VAT rebate reductions...
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