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This book is a printed edition of the Special Issue "Climate Change, Coasts and Coastal Risk" that was published in JMSE
National income statistics, which form the basis for measuring and monitoring the performance of an economy, do not include environmental resources adequately, with the result that they fail to provide the required inputs for the formulation of sound economic policies particularly in the context of sustainable development Coastal resources are important in a country like India, which is surrounded by sea from three sides, and mangroves, the salt tolerant forest ecosystem that is one of the richest ecosystems in the world, provides a wide range of ecological and economic products and services including carbon sequestration and protection to life and property under severe cyclones and tsunamis. However, mangroves are neglected as their value is not incorporated in the national income data. The present study, which is a methodological study, compiles economic value of mangroves in India and shows that this rich ecosystem contributes significantly to the economy, and it needs to be strengthened in order to promote sustainable development of coastal regions and to protect coastal population from cyclones and tsunamis. Book jacket.
An impressive piece of work that deserves to be on every European agricultural economist s bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management. David James, Australasian Journal of Environmental Management Cost Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.
Most of the chapters in this volume are authored by staff or associates of the Centre for Social and Economic Research on the Global Environment (CSERGE). CSERGE is a research centre sponsored by the UK Economic and Social Research Council (ESRC), which specialises in interdisciplinary work focussed on environmental management issues. Weare grateful for the long term support that we have received from the ESRC. We would also like to acknowledge the efforts of Ann Dixon and SHin Pearce in the preparation of this volume. vii INTRODUCTION CHAPTER 1. ECOLOGICAL ECONOMICS AND COASTAL ZONE ECOSYSTEMS' VALUES: AN OVERVIEW. Turner, R. K. , Bateman, I. J. and Adger, W. N. 1. 1 Coastal zone pressure and sustainable management challenges Given the continued intensification of the process of globalisation - involving population growth, population density changes via urbanisation, industrial development, increased trade and capital flows, liberalisation of transnational corporation activity and lifestyle and attitudinal changes - coastal zones and their hydrologically linked catchment areas have come under heavy environmental pressure. The scale and extent of socio-economic activities have profound implications for the now coevolving natural and human systems and their complex interrelationships (Turner, Perrings and Folke, 1997). The consequences of this process of change manifest themselves across a range of spatial and temporal scales. Indeed the juxtaposition of different spatial, functional and temporal scales that is inherent in the catchment-coastal ecosystems-seas/oceans continuum poses particularly difficult challenges for both science and resource management/governance.
Brazil's environmental problems, especially Amazon deforestation, have attracted considerable attention, particularly in the developed world. Peter May brings a sharper and more critical focus to bear on this topic by offering a general overview and seven microeconomic case studies on particular problems in the Brazilian environment. Focusing on discrete resource problems at a subnational scale, this practical book shows how work at the state and local level can lead to more sustainable development policies not only in Brazil but also in many other developing nations. Uniting specific Brazilian applications of more general principles of natural resource and environmental valuation to support policy-making for land use and economic development, Natural Resource Valuation and Policy in Brazil shows how such methods support efforts to incorporate environmental concerns in decision-making processes.
This book breaks new ground by accounting for the welfare implications of both severe inequality and environmental degradation and developing a sustainable development indicator that incorporates changes over time in each of these dimensions. The model is applied to data from Brazil spanning the 1965 -1998 period. The book's findings cast significant doubt on the proposition that rapid economic growth in Brazil has resulted in comparable welfare gains. The evidence presented more generally illustrates the often unsustainable nature of rapid GDP growth phases, as well as the general unreliability of GDP growth as an indicator of well-being improvement. The specific policy implication is that Brazil should discontinue - or at least severely curtail - the regressive and resource intensive economic policies it has followed in recent decades in the interest of welfare improvement not only for the poorer groups in society, but for future generations of Brazilians as well.