2018
DOI: 10.1177/0094582x18782982
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Extractive Capital, Imperialism, and the Colombian State

Abstract: Since the turn of the century, Colombia has become increasingly dependent on mining exports to drive economic growth. While the surge in mining investments in Colombia and the problems associated with this form of economic development have received much attention from scholars and policy analysts, the common explanation is that the state has been undermined or eroded by emergent global forces. However, nation-states should be seen not as victims but as authors and enforcers of new processes of capital accumula… Show more

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Cited by 10 publications
(7 citation statements)
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“…As global demand for fossil fuels for industrial production and automobility increased, the focus in the commodity sector shifted first from gold to oil and later to coal. In the context of the global commodity boom at the beginning of the 21st century, Colombia converted itself back into a ‘mining country’ (Sankey, 2018, p. 52; see also Unidad de Planeación Minero Energética [UPME], 2006). Between 2010 and 2014, more than 52% of all foreign direct investments (FDI) went into the mining sector.…”
Section: Mining In Colombiamentioning
confidence: 99%
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“…As global demand for fossil fuels for industrial production and automobility increased, the focus in the commodity sector shifted first from gold to oil and later to coal. In the context of the global commodity boom at the beginning of the 21st century, Colombia converted itself back into a ‘mining country’ (Sankey, 2018, p. 52; see also Unidad de Planeación Minero Energética [UPME], 2006). Between 2010 and 2014, more than 52% of all foreign direct investments (FDI) went into the mining sector.…”
Section: Mining In Colombiamentioning
confidence: 99%
“…Whereas high demand and commodity prices on the world markets provided the global political–economic background for the expansion of mining in Colombia, this alone cannot explain it. Rather, political decisions and institutional reforms by the state turned the most recent commodity super‐cycle into a bonanza for transnational mining companies and created the conditions for diversely used agricultural land to become a speculative asset for mining interests (Sankey, 2018; Vélez‐Torres, 2014). Major institutional changes included the liberalization and opening up of the sector for foreign capital, the slimming down of the government's mining administration, the privatization of national mining companies and the redesign of fiscal policies in order to attract FDI.…”
Section: Mining In Colombiamentioning
confidence: 99%
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“…Mining drives economic development worldwide (Pedro et al, 2017;Sankey, 2018). For Zimbabwe, the mining sector is the centrepiece of the country's economic recovery and growth.…”
Section: Introductionmentioning
confidence: 99%