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A call for resourceful nationalism

Source: Financial Times, 19th June 2011

Spend money on digging a hole in the ground while convincing the locals that it is good for them. As resource nationalism grows, that is the conundrum mining, oil and gas companies face the world over. Although they invest millions of dollars to develop projects and pay their dues to host governments, rising commodity prices prompt governments to ask for more, alarming investors.



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