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Submitted by Terence on
It is also important to deal with the crowding out of other important and productive sectors as a result of reliance on natural resources. A lot of the big mining projects are capital intensive and poor,agriculture dependent, communities have in many cases not seen a material improvement in their lives because not everyone is able to get a job with these companies or benefit from them. The principal benefit as proposed would be through social safety nets but there is also a need for targeted investment that makes a difference in people's lives. I think with enough windfall revenue many state can choose to fund these programs but with periodic declines in resource prices what will happen to the programs.