This book examines existing mineral fiscal policies covering income taxation, royalties, free carried and participative (community and government) interests and also highlights the impacts of these policies on the feasibility of mineral projects as well as on revenue and other benefits to the...

Both classical and Keynes's theories of effective demand posit that capital accumulation is driven by the expected net rate of profit (i.e., by the difference between the expected rate of profit and the interest rate). In both schools, an increase in the interest rate will reduce the net rate of...