Gold

Michael John Bloomfield, Roy Maconachie

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Paperback

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English

Polity Press
27 November 2020

Political science & theory; Geography

Series: Resources

Gold remains a highly prized and impactful resource within the global economy. From the insatiable demand for gold in the electronics that permeate our day-to-day lives to the environmental desolation driven by gold mining in the Amazon, the gold trade continues to touch the lives and livelihoods of people across the world.

Bloomfield and Maconachie tell the intriguing story of the yellow metal, tracing the seismic shifts in the industry over the past few decades. They show how huge purchases of gold reserves by BRICS countries mark the shifting balance of power away from the West, and how rising affluence in India and China has led to a surging demand for gold jewellery, calling into question current approaches to make supply chains more responsible. Explaining why gold is so difficult to regulate and why it is only becoming more so, the authors suggest ways we could, collectively, make practices work better for the countless workers and communities who suffer at the producer end of the supply chain. Linking local to global, producer to consumer, and gold’s extraction from the Earth to the financial centres that fuel it, this book offers a probing analysis that reveals who wins and who loses and what this means for the future of gold.

By: Michael John Bloomfield, Roy Maconachie
Imprint: Polity Press
Country of Publication: United Kingdom
Dimensions: Height: 211mm, Width: 147mm, Spine: 18mm
Weight: 272g
ISBN: 9781509534111
ISBN 10: 1509534113
Series: Resources
Pages: 204
Publication Date: 27 November 2020
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Michael Bloomfield is Assistant Professor in International Development at the University of Bath. Roy Maconachie is Professor of Natural Resources and Development at the University of Bath.

Reviews for Gold

Gold transforms lives and landscapes, but generally not for the better. Working as modern-day political economy alchemists, Bloomfield and Maconachie mobilize their deep expertise to explain why it is so difficult to turn gold mining into valuable forms of development. Philippe Le Billon, Professor of Political Ecology at the University of British Columbia, and author of Wars of Plunder Gold traces familiar histories and possible futures of a commodity that is associated with beauty, wealth and yet also so much destruction. Readable, accessible and brimming with insights that keep readers on their toes, the book will be immensely useful for students, teachers and general interest readers alike. Anthony Bebbington, Graduate School of Geography, Clark University