| Title |
Extractive Industries and Conflict Prevention Social Intervention Model for South America |
| ID_Doc |
67201 |
| Authors |
Hoyos, SC |
| Title |
Extractive Industries and Conflict Prevention Social Intervention Model for South America |
| Year |
2015 |
| Published |
|
| DOI |
10.9774/GLEAF.8757.2015.de.00004 |
| Abstract |
The impressive development of the extractive industries in South America in the last few decades has contributed significantly to the region's economic stability as well as generating many challenges to the social viability of its operations. Widespread dissatisfaction in neighbouring communities has seen the expansion of social resistance to the extractive industries, resulting in violent episodes and high costs not only for the private companies involved but especially for governments and local communities. For that reason, extractive companies are prioritizing the development of more effective relationship mechanisms which could enable the timely prevention of natural resource conflicts. These companies are challenged to find a new way of doing business, recognizing the fact that a reactive response in crisis conditions generates a significantly higher cost than managing social risks through a daily relationship with stakeholders. Considering the effects on the viability of extractive industries in South America, this article analyses the main sustainability drivers of conflict that should be taken into account when defining initiatives to improve natural resource governance. From this perspective, a social intervention model has been proposed to contribute to the prevention of social conflicts associated with extractive industries and to build trusting relationships and engagement with key stakeholders. Through this long-term effort, extractive activity could contribute to sustainable development by acting as a catalyst for local economic growth and social change. |
| Author Keywords |
Sustainability; Natural resource conflict; Strategy; Dialogue; Local development |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Emerging Sources Citation Index (ESCI) |
| EID |
WOS:000389149800003 |
| WoS Category |
Business |
| Research Area |
Business & Economics |
| PDF |
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