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World Banks Gold Mining Policies

The local socioeconomic effects of gold mining evidence from Ghana (English) Abstract. Ghana is experiencing its third gold rush, and this paper sheds light on the socioeconomic impacts of this rapid expansion in industrial production. The paper uses a rich data set consisting of geocoded household data combined with detailed information.

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    Sep 19, 2020 However, the World Gold Council said this sector remains an essential pillar of support for the gold market. WGC said that foreign exchange reserve data from the International Monetary Fund shows that central banks collectively bought 8.2 tonnes of gold in July. So far, in 2020, central banks have bought just over 200 tonnes of gold.

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  • The Local Socioeconomic Effects Of Gold

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    May 28, 2015 Ghana is experiencing its third gold rush, and this paper sheds light on the socioeconomic impacts of this rapid expansion in industrial production. The paper uses a rich data set consisting of geocoded household data combined with detailed information on gold mining activities, and conducts two types of difference in differences estimations.

    Read More
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    Nov 19, 2020 Central banks hold gold reserves as an insurance policy against hyperinflation or other severe economic catastrophes. Gold is the most widely followed and traded commodity on Earth, which makes it a relatively liquid market if interventions were needed to support a fiat currency.

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