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Designed specifically for students of economics, business economics, and allied areas at the undergraduate and postgraduate level, this book includes specially contributed articles by acknowledged experts of the discipline from all over the world. It covers critical areas like theory of externalities and market failure, valuation and accounting of environmental impacts, economic instruments for industrial pollution and environmental resources, poverty and environmental degradation, and corporate environmental management. The book also explores how to make development more sustainable, micro economics for ecological sustainability, and environmental policy in open economies.
"This book covers critical areas like theory of externalities and market failure, valuation and accounting of environmental impacts, economic instruments for industrial pollution and environmental resources, poverty and environmental degradation, andcorporate environmental management. The book also explores how to make development more sustainable, micro economics for ecological sustainability, and environmental policy in open economies."--Publisher.
Publisher description
This book is the second edition of a text based on a report commissioned by the Swedish International Development Authority (SID A). The financial grant from SIDA which made the work possible is hereby gratefully acknowledged. There are already many books on the market about environmental economics, some of them very good. What is special about this one? We do not claim to have obtained new results, but we have our own way of presenting the subject matter. In particular, we are of the opinion that policy failures are often overlooked as an obstacle to efficient environmental management. Although the main emphasis in this book is on project level analysis, it is essential that such analyses be linked to an understanding of the (dis)incentives for environmental improvements that general economic and particular environmental policies provide. Another essential feature of the book, although this is not unique, is the links provided between theory and empirical illustrations. We hope that this will illustrate to our readers the practical usefulness, but also the difficulties, of applying economics to environmental problems. In particular we hope that the text can be of interest to decision-makers, development programme personnel, teachers and the general public interested in how economics can contribute to better environmental decision-making. In principle, this book can be read by anyone interested in the subject matter, without any formal education in economics. However, some background in microeconomic theory makes the reading easier.
Despite its tiny size and seeming marginality to world affairs, the Central American republic of Costa Rica has long been considered an important site for experimentation in cutting-edge environmental policy. From protected area management to ecotourism to payment for environmental services (PES) and beyond, for the past half-century the country has successfully positioned itself at the forefront of novel trends in environmental governance and sustainable development. Yet the increasingly urgent dilemma of how to achieve equitable economic development in a world of ecosystem decline and climate change presents new challenges, testing Costa Rica’s ability to remain a leader in innovative environmental governance. This book explores these challenges, how Costa Rica is responding to them, and the lessons this holds for current and future trends regarding environmental governance and sustainable development. It provides the first comprehensive assessment of successes and challenges as they play out in a variety of sectors, including agricultural development, biodiversity conservation, water management, resource extraction, and climate change policy. By framing Costa Rica as an “ecolaboratory,” the contributors in this volume examine the lessons learned and offer a path for the future of sustainable development research and policy in Central America and beyond.
The authors are to be congratulated for a book that provides a comprehensive and vigorous analysis of many pressing environmental issues which China faces now and will face in the future. The book will be of interest to a broad audience, and is a must-read for and should be on the book shelf of anyone concerned about and attempting to understand environmental issues related to agriculture, water, industry, energy production and use, investment and development in China. Zhongxiang Zhang, The China Journal Over the past two decades, China has become an economic powerhouse. However, as the world s largest producer of CO2 emissions, the scale and seriousness of China s environmental problems are clearly evident. This pioneering book provides an economic analysis of the significant environmental and energy problems facing China in the 21st century. Chinese Economic Development and the Environment measures productivity, taking into account energy resources and environmental attributes that are central to sustaining economies. Applying an integrated model of energy production, transformation and consumption processes, the authors investigate the underlying driving forces behind trends in CO2 emissions in relation to the total primary energy supply. Exploring the history and development of China s economic, energy and environmental policy, this book will strongly appeal to postgraduate students in economics and environmental studies. It will also be beneficial for practitioners and policy-makers interested in understanding how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation.
Ecological economics seeks to socially construct a political economics which will deal successfully with environmental problems and make the individual more visible in economic analysis. The author describes the principles, strategies and instruments of social change for key players - governmental agencies, business corporations, environmental and religious organizations and universities - and underlines their responsibilities in the market economy. Peter Soderbaum emphasizes the need to articulate ideologies, worldviews, ethics and related scientific perspectives as part of economics, and the importance of pluralism and democratic decision making. His account of the theories and means that will brings us closer to a sustainable society consider tools such as environmental impact assessment (EIA) and describes success indicators such as environmental labelling and environmental management systems (EMS). It highlights strategies and policies that facilitate social change and sets out future agendas for the individual actors in political economics.
Environment and Development: Basic Principles, Human Activities, and Environmental Implications focuses on the adverse impact that human activities, developments, and economic growth have on both natural and inhabited environments. The book presents the associated problems, along with solutions that can be used to achieve a harmonic, sustainable development that provides for the co-existence of man and natural life. Chapters provide detailed information on a range of environments including: atmospheric, aquatic, soil, natural, urban, energy, and extraterrestrial, as well as the relationship between the environment and development. In addition, this comprehensive book presents the latest research findings and trends in global environmental policy for each issue. Offers a discussion of the extraterrestrial environment and waste in earth orbit as one of the distinctive topics of the book Addresses global environmental policy issues and policies Presents tabulated data to support the analysis and explain the issues presented Includes case studies covering many topics of current interest Analyzes environmental issues and proposes solutions grounded in recent research findings Discusses the various interpretations of the development concept as well as alternative pathways to sustainable development
This book honours Partha Dasgupta, and the field he helped establish; environment and development economics. It concerns the relationship between social systems and natural systems. Above all, it concerns the poverty-environment nexus: the complex pathways by which people become or remain poor, and resources become or remain overexploited.