The paper “ Mining Policies for Australia and the USA” is an impressive example of the essay on business. The mining industry has seen widespread changes in the manner the rules and policies determining the players in the industry will work. The mining industry all over the world faces huge deficiencies and bottlenecks in the supply chain and an increase in mining exploration especially in remote areas that have affected the environment and increased issues concerning sensitivity for the local areas. Australia & United States both have huge resources and have developed ways in which minerals are extracted and have looked towards developing a sustainable environment for the players to perform.
The paper looks towards comparing the policies which have been implemented in both Australia & the USA so that it can be identified which country has more powerful interest groups which have led towards the development of policies. It is viewed that Australia has been able to develop better sustainable policies for the mining sector and have aimed towards ensuring that that the environment is protected. Australia is better placed when it comes to the development of policies for sustainable development of the mining sector as the Australian economy has looked towards developing sustainable policies in comparison to the USA who is behind it.
This has helped Australia to reduce the level of risk and increase the value of the shareholder (Davis, 2010). The Australian economy policymakers have been able to understand the manner in which local economic and social constraints have an impact on the business and developing dynamics that look at different dynamics has helped the Australian economy to look towards long term competitiveness.
This has made the Australian economy develop better policies in comparison to the USA and has enabled them to ensure that the contribution of the mining sector improves (Lin and Chang, 2009). The mining sector is seeing widespread growth as the demand for minerals is increasing which has made all economies look towards adopting increased mining methods to get the required minerals.
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