Publikationer

Research | Forskning - peer review

The article examines the role of the mining industry in the economies of Ukraine and Greenland, emphasizing its impact on economic growth, job creation, and infrastructure development. Ukraine has rich resources, in particular coal and iron ore, which provide domestic needs and exports. Greenland, o… The article examines the role of the mining industry in the economies of Ukraine and Greenland, emphasizing its impact on economic growth, job creation, and infrastructure development. Ukraine has rich resources, in particular coal and iron ore, which provide domestic needs and exports. Greenland, on the other hand, shows potential due to its mineral and oil reserves, but faces environmental challenges and needs for infrastructure upgrades. Both countries face challenges such as the environmental impacts of extraction, which require adaptation of technologies and resource management strategies. The article also analyzes the research of Ukrainian and international scientists who investigate the effectiveness of resource management in the face of global challenges. Comparing the approaches of Ukraine and Greenland may reveal best practices for improving economic sustainability. The study focuses on the need to adapt to new conditions, particularly in the context of wartime conditions in Ukraine, and aims to find out how countries cope with the consequences of the extractive industry. The paper highlights the importance of balancing economic benefits and environmental risks, highlighting the need for new management strategies to ensure long-term sustainability. Læs mere

Research | Forskning - peer review

Over the past decade, Greenland has lifted and restored its ban on uranium mining amid the uncertainty of global uranium prices. This article investigates the dynamic interrelations between uranium commodity prices and the impacts of structural shocks, sketching key economic implications for Greenla… Over the past decade, Greenland has lifted and restored its ban on uranium mining amid the uncertainty of global uranium prices. This article investigates the dynamic interrelations between uranium commodity prices and the impacts of structural shocks, sketching key economic implications for Greenland. Using a structural vector autoregressive model, this work analyses the changing relations between uranium prices, coal prices as well as real and financial variables from 1980 to 2019. The main findings are that the dynamics of uranium spot prices are diversely affected by shocks in combined real GDP, total electricity production from nuclear power, the interest rate, the real effective exchange rate, and the price of coal. The estimates also show that the pricing dynamics are important for future production and capital investment decisions. The analysis illustrates that despite the prevailing depressed uranium market, Greenland can still capitalize on future market developments. The country can anticipate benefiting from a short-run world supply disruption, a positive combination of macroeconomic shocks, and the long-term expansion of nuclear energy programs. Læs mere