In comments to the post on Kosovo, Alex Harrowell asked the following reasonable question:
“How can you have something that’s both a “mineral resource grab” and an “economic black hole”?”
The short answer: you can, because it’s Kosovo.
Here’s why. There has been no serious investment in those mines since the Yugoslav economy hit the skids in 1986.
A modern coal mine is not a hole in the ground full of guys with picks. It’s a major industrial installation. You have huge drills, borers, grinders, driers, fans, pumps, you name it. A big coal mine uses as much power as a good-sized town. A big modern coal mine uses cutting-edge, state-of-the-art materials technology and software. It’s not guys digging coal any more. It’s guys operating and maintaining big, complicated machines that dig coal. In the United States, the majority of coal miners have four-year college degrees, and need them.