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This book argues that current economist theories do not take into account the socially constructed nature of the debate surrounding the environment and environmental policy. It examines whether proposed economic solutions to environmental policy are, in fact, viable in practice. The book demonstrates that social conflicts cause policy compromises, which shape the economic system of a post-industrial ecological society. The author offers an innovative socio-economic theory of environmental politics, which illuminates the transformation dynamics brought about by the ecological crisis. Regulation Theory and Sustainable Development will be of interest to students and scholars of environmental politics, policy and governance.
More than twenty years after the Bruntland Commission report, Our Common Future, we have yet to secure the basis for a serious approach to global environmental governance. The failed 2002 World Summit on Sustainable Development showed the need for a new approach to globalization and sustainability. Taking a critical perspective, rooted in political economy, regulation theory, and post-sovereign international relations, this book explores questions concerning the governance of environmental sustainability in a globalizing economy. With contributions from leading international scholars, the book offers a comprehensive framework on globalization, governance, and sustainability, and examines institutional mechanisms and arrangements to achieve sustainable environmental governance. It: considers current failures in the framework of global environmental governance addresses the problematic relationship between sustainability and globalization explores controversies of development and environment that have led to new processes of institution building examines the marketization of environmental policy-making; stakeholder politics and environmental policy-making; socio-economic justice; the political origins of sustainable consumption; the role of transnational actors; and processes of multi-level global governance. This book will be of interest to students and researchers of political science, international studies, political economy and environmental studies.
This open access book discusses the challenges and opportunities faced by companies in an age that increasingly values sustainability and demands corporate responsibility. Beginning with the historical development of corporate responsibility, this book moves from academic theory to practical application. It points to ways in which companies can successfully manage their transition to a more responsible, sustainable way of doing business, common mistakes to avoid and how the UN Sustainable Development Goals are integral to any sustainability transformation. Practical cases illustrate key points. Drawing on thirty years of sustainability research and extensive corporate experience, the author provides tools such as a Step-by-Step strategic guide on integrating sustainability in collaboration with stakeholders including employees, customers, suppliers and investors. The book is particularly relevant for SMEs and companies operating in emerging markets. From a broader perspective, the value of externalities, full cost pricing, alternative economic theories and circular economy are also addressed.
In Regulation and Development Jean-Jacques Laffont provides the first theoretical analysis of regulation of public services for developing countries. He shows how the debate between price-cap regulation and cost of service regulation is affected by the characteristics of less developed countries (LDCs) and offers a positive theory of privatization that stresses the role of corruption. He develops a new theory of regulation with limited enforcement capabilities and discusses the delicate issue of access pricing in view of LDC's specificities. In the final chapter he proposes a theory of separation of powers which reveals one of the many vicious circles of underdevelopment made explicit by the economics of information. Based on organization theory and history, and using simple empirical tests wherever possible, Professor Laffont offers a comprehensive evaluation of the different ways to organize the regulatory institutions and opens up a rich new research agenda for development studies.
This book examines the political economy of sustainable development. The authors consider why most approaches to sustainable development have proved inadequate. Bringing together key ideas from social theory, food regimes and sustainability debates, the book presents a new and more dynamic way of thinking about sustainable development and a methodology for applying these ideas. Case study material focuses on the food system particularly the sugar industry in Australia and Barbados.
The book discusses sustainability and law in a multifaceted way. Together, sustainability and law are an emerging challenge for research and science. This volume contributes through an interdisciplinary concept to its further exploration. The contributions explore this exciting domain with innovative ideas and replicable approaches. It combines a variety of authors, from both the public and the private sectors, and thereby guarantees a broad view that enshrines the more theoretical arguments from the academic side as well as stronger practical applicable perspectives. The book provides space for thoughtful expansions of established theories as well as the hopeful emergence of innovative ideas. Moreover, the combination of three to five contributions into the eleven parts respectively aims toward a compression of like minded thoughts. This should lead to an intensification of exchange of viewpoints from different angles on a similar theme. Readers therefore also have the opportunity to concentrate on single chapters, but receive comprised knowledge and a variety of thoughts for new ideas on a particular theme.
"This book investigates the concept of sustainable development, its understanding in legal theory and its implementation and enforcement in international law and domestic legal systems." --introd.
First Published in 1986. Economics is in trouble. Its policy instruments are blunt, its experts disagree and its theories are in disarray in the face of global economics disorder: unprecedented levels of indebtedness, endemic inflation, high unemployment , deepening world poverty and gross environmental degradation. The Living Economy analyses conventional economic theory in the light of contemporary economic problems and finds its basic premises and assumptions flawed and its methodology suspect in several important respects. The Living Economy covers a variety of topics from agricultural methods and policy to health and world trade reform. Contributors come from a wide diversity of countries and continents including the USA, Europe, Africa, and the Far East. Each section is worth reading in its own right, for itself and, indeed, by itself. It is a book to be browsed through, reflected upon and enjoyed at one’s leisure. Together the contributions form a rich tapestry of insights and inspirations. They are in no way a simple repetition of Schumacher’s thoughts. Rather, they form an authentic part of a wider intellectual tradition of which he was also a part, albeit an early and important one.
This book addresses the ability of market-based instruments to improve the sustainable provision of environmental services. The author combines field research and insights from the multi-stakeholder dialogue at the FAO to analyze the gap between the predictions provided by theory and the corresponding outcomes in practice. In particular, the author challenges the theory behind Payments for Environmental Services (PES), a concept derived from neoclassical welfare economics, by demonstrating that PES projects often lack financial sustainability unless local entrepreneurs make use of the resulting new networks to create innovative markets for environmental goods. The author calls for a shift of focus from regulation to innovation in projects and policies designed to improve the provision of environmental services. Its spotlight on the positive social impacts of companies that engage in hybrid PES schemes will make the book appealing to practitioners and policymakers alike.
Human Settlement Development is a component of Encyclopedia of Institutional and Infrastructural Resources in the global Encyclopedia of Life Support Systems (EOLSS), which is an integrated compendium of twenty one Encyclopedias. The Theme on Human Settlement Development deals, in nine parts and four volumes , with a myriad of issues of great relevance to our world such as: Urban Sustainability and the Regional City System in the Asia Pacific; Peri-Urbanization: Zones of Rural - Urban Transition; Urban Sustainability: Theoretical Perspectives on Integrating Economic Development and the Environment; Rural Sustainability; Using Foreign Direct Investment to Improve Urban Environmental Infrastructure and Services- The Case of Hanoi, Vietnam; The Long Road Towards Sustainable Cities: The Dutch case; Urban Dimensions of Sustainable Development; Rural Development: Participation and Diversity for Sustainability; The Cities, the State and the Markets: In Search of Sustainability These four volumes are aimed at the following five major target audiences: University and College students Educators, Professional practitioners, Research personnel and Policy analysts, managers, and decision makers and NGOs.