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What Explains the Ups and Downs of Resource Nationalism?

Aug 1, 2018 | 15:22 GMT
Bolivian military police try to seize the Vinto industrial complex of Swiss mining group Glencore in Oruro in 2007.

Bolivian military police try to seize the Vinto industrial complex of Swiss mining group Glencore in Oruro, 380 kilometers (236 miles) south of La Paz, in 2007. Many countries have sought to exert greater control over their natural resources, especially since 2004.

(AIZAR RALDES/AFP/Getty Images)

News that the Indonesian government has taken a majority stake in U.S.-based Freeport-McMoRan's giant Grasberg copper mine after a hard-fought dispute is just the latest sign of growing pressures exerted by host states on global extractive industry corporations. The mining industry has cried foul over such actions, with the CEO...

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