The quest for gold sounds like something from the past, but 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, 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.
In this book, Bloomfield and Maconachie tell the intriguing story of the yellow metal, tracing the seismic shifts in the industry over the last few decades. They explain how huge purchases of gold reserves by BRICS countries like China and Russia mark the shifting balance of power away from the West. And how rising affluence in India has led to a surging demand for gold jewellery, undermining attempts to make supply chains more responsible. Throughout the book, the authors suggest ways we could, collectively, make practices work better for the countless workers and communities who too often 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.
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  • January 2021
  • 204 pages
  • 138 x 216 mm / 5 x 9 in
Available Formats
  • Hardback $64.95
  • 9781509534104
  • Paperback $22.95
  • 9781509534111
  • Open eBook $22.95
  • 9781509534128
Table of Contents
Boxes, Figures and Tables
1 Introduction
2 Gold and the Distortions of Development
3 An Intractable Industry
4 Gold Governance and Gaps
5 Rising Powers in Supply and Demand
6 Conclusion: Refocusing for the Future of Gold
Selected Readings
About the Author
Michael Bloomfield is Assistant Professor in International Development at the University of Bath.
Roy Maconachie is Associate Professor in International Development at the University of Bath.
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"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

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