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Towards a sustainable development licence to operate

As pointed out in the earlier parts of this report, mineral wealth provides an opportunity for the transformation of livelihoods by leveraging resource earnings and other development opportunities130 to transform economies and build new sources of competitiveness. This has been the case of some of the resource-rich OECD countries such as Sweden. Indeed, the resources sector can generate direct, indirect and induced multiplier effects (ICMM, 2015: 35-40) as well as spawn new industries or through backward, forward, spatial and other linkages facilitate development in other sectors of the economy that can be more important than the mineral resources sector itself. However, this is easier said than done. The resource curse remains a challenge for many resource-rich countries.

Sustainable Development Goals:
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