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Origin:ISTS 2002-o-5-02v
Abstract:Although governments have made space agencies responsible for commercialisation of space activities, their efforts are not sincere. Most importantly, although they acknowledge that passenger space travel is likely to become the largest commercial activity in space, they are delaying its development. At a time when the world economy is in a precarious condition for lack of new industries, this is imposing heavy costs on taxpayers. The paper describes these costs, and discusses the prospects for improvement whereby space activities would contribute to economic growth rather than impede it.
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