Mining and Its Environmental Damage
The currency crisis triggered by the 1997 devaluation of Thailand’s currency spread to surrounding ASEAN countries including the Philippines, Indonesia, and Malaysia, as well as to South Korea, eventually bringing an unprecedented currency, financial, and economic crisis to East Asia. But over the approximately 30 years from the second half of the 1960s to that of the 1990s, East Asia achieved rapid economic expansion (which can be characterized as “accelerated industrialization”) never before seen in the world, and even now China continues to enjoy high growth. As of 1998 East Asia’s population is 3.24 billion, well over half the world’s total of 5.73 billion. This rapid economic expansion and continuing population increase in East Asia suggest that trends in this part of the world will determine the fate of the planet’s resources and environment. And as The State of the Environment in Asia 1999/2000 showed, East Asia’s accelerated industrialization, explosive urbanization, and emerging mass consumption society are making the region’s pollution even worse than in the West and Japan, and amplifying environmental problems that are composites of industrial and urban pollution and environmental damage.
KeywordsNonferrous Metal Copper Mine Mining Pollution Capital Participation Copper Ingot
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