This book combines the fundamentals of microeconomic theories of resource pricing and industrial organization theories of market structure-conduct-performance and vertical integration to understand and analyze supply chains in critical minerals markets. Providing a secure and sustainable critical minerals supply chain requires an adequate understanding of the economic and environmental impacts of critical minerals exploration and use, which this book does by exploring carefully selected topics on trade risk, investment promotion, economic policy uncertainty, green growth, and supply chain ethics. Understanding and managing global economic and financial risks in ensuring supply chain security is also achieved through detailed examination of systemic risk contagion, downside risk linkages, the role of geopolitical risks, market development risks, and lessons in risk management. Both country-specific and regional case studies are included to examine the economic, environmental, financial and policy facets of critical minerals supply chain markets, with a view to deriving policy lessons and recommendations for economic regions of seismic global importance, such as ASEAN, which is already on a regional carbon-neutral path. The selected case studies are focused and supported by rigorous qualitative and quantitative empirical analysis, including econometric modeling where necessary to generate reliable empirical evidence. This book on the economics and sustainability of critical minerals supply chains is highly recommended to readers seeking an in-depth as well as robust overview of recent empirical evidence on the design and delivery of a secure and resilient critical minerals supply chain with particular reference to the ASEAN and Asian economies including China, Japan and Australia.

Examines critical minerals supply chains security and lessons from microeconomic theories Discusses how to secure critical minerals supply chains and the economic and environmental implications Analyzes critical minerals supply chains security and resilience and managing global economic and political risks

Autorentext

Dr. Phoumin Han is a Senior Energy Economist with the Economic Research Institute for ASEAN and East Asia (ERIA). He has more than 20 years of experience at various international and intergovernmental organizations and multidisciplinary research consortiums related to energy markets and technologies, the environment, integrated water resource management, governance, and economic development in the region of the Association of Southeast Asian Nations (ASEAN) and East Asia. He specializes in economic development and policy and applied econometrics. Much of his career over the past decade has involved the power sector, sustainable hydropower development, renewable energy research, energy efficiency, clean coal technology, energy security, and energy demand and supply forecasting.

Professor Rabindra Nepal is a professor of economics with an internationally recognized research expertise in economic and policy analysis related to energy, the environment, and natural resources. He has successfully led and participated in collaborative recent research projects involving organisations such as the Economic Research Institute for ASEAN and East Asia, the National Research Institute of Papua New Guinea, the South Australia Productivity Commission, etc. while his advisory roles have benefited national and international organisations like the Department of Climate Change, Energy, Environment and Water, the Asian Development Bank, the World Bank and the United Nations Environment Programme. He is a co-editor of Economic Analysis and Policy and serves on the international advisory board of Energy Policy.

Dr. Farhad Taghizadeh-Hesary is an associate professor of economics and finance at Tokai University in Tokyo, Japan, and serves as the Chief Economist of Climate Finance Asia. He is the Editor-in-Chief of the Journal of Environmental Assessment Policy and Management and an Associate Editor for several other academic journals. In 2023, he was awarded the Medal and Commendation for Science and Technology by Japan's Minister of Education in recognition of his outstanding research achievements.

Inhalt

Chapter 1 An Economic Analysis of Supply Chain Aspects of Critical Mineral Resources: Revisiting Resource Pricing.- Chapter 2 Unpacking Critical Mineral Supply Chains Competitiveness for Sustainable Investment.- Chapter 3 The Emerging Global Market for Energy Transition Critical Minerals: Competition, Cooperation, or Cartelisation.- Chapter 4 Reshoring Critical Minerals Supply Chains: What Can We Learn from the Economic Theory of Vertical Integration.- Chapter 5 Supply and Trade Risks for Silicon and Solar Panels in an East Asian and ASEAN Context.- Chapter 6 The Promotion of Investment in the Reserves of Rare Earth Elements.- Chapter 7 Impacts of Economic Uncertainty on the Supply Chain Security of Critical Minerals: Evidence from Lithium and Nikel in China.- Chapter 8 Critical Mineral Supply Chain's Role in Achieving Green Economic Growth in Japan.- Chapter 9 How Sustainable is Critical Mineral Supply Chain? Evidence from the Critical Mineral Supply Chain Controlling Economies.- Chapter 10 Systemic Risk Contagion across Top Global Firms in the Rare Earth Market.- Chapter 11 Extreme Downside Risk Connectedness between Rare Earth Elements and Green Cryptocurrencies.- Chapter 12 The Role of Geopolitical Risks in Supply Chains of Critical Minerals.- Chapter 13 Critical Minerals Market Developments and Future Opportunities and Risks in Australia.- Chapter 14 The Risk Management of Critical Mineral Supply Chain in Supporting the Development of Lithium-Ion Battery Manufacturers in the ASEAN Region.