FT

Regulatory capture: The worst public enemy imaginable

Monday, 4 February 2013 00:00 -     - {{hitsCtrl.values.hits}}

The banning of sand mining in rivers in Sri Lanka

In 2008, Sri Lankan authorities, supported by its Supreme Court, banned sand mining in rivers and internal reservoirs. The measure was well-intentioned as proclaimed by many experts on the subject. According to them, sand mining in rivers had caused irreversible environmental damage.

 

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