Building The Resource Resilience Of Communities Within The Uk ( Green Alliance )

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As the world transits from the linear economy which is no longer sustainable in view of the limitations posed by the cost implications of acquiring untapped resources, declining quantity of resources or the environmental challenges it poses, to the circular economy, opportunities will be created for building the resource resilience of communities in the UK (Green Alliance, 2013). Similarly, there is a growing price volatility associated with obtaining raw materials to support industrial production, hence the rising product costs and its attendant increases in the cost of living within producer nations globally (Morgan, 2014). Although a growing number of developing countries are gradually shifting their focus from the export of resources, the export of primary commodities to the developed economies still accounts for more than 30 percent of exports. Data on the share of exports in GDP indicates that for developing countries, exports have been growing in relative importance to production for domestic consumption: exports as a share of GDP rose from 24 percent in 1995 to 37 percent in 2008 (UNDP, 2011; ITC, 2012). Natural resources, and the related government spending they financed, generated 32 percent of Africa’s GDP growth from 2000 through 2008 (McKinsey Global Institute, 2010) indicating the significance of resource sales on revenue generated (ITC, 2012). The global consumption patterns evaluated by (SERI; GLOBAL 2000; Friends of the Earth Europe, 2009) in their report

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