WEF Says Industry Predicts Future Nationalization of Critical Resources
At a recent World Economic Forum Resource Summit, more than 20 mining and metal industry leaders and cross-industry partners unanimously predicted an inevitable future increase in government nationalization of critical resources over the next two decades as a growing middle…
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class in emerging economies begins to demand higher living standards. According to the WEF, if nationalizations do take place, they will very likely have a negative impact on globalization and world trade.