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The substantial and growing interest in the monetary valuation of preferences for environmental improvement, and against environmental damage, has prompted a demand for case studies illustrating methodologies and applications of valuation techniques. In this book, the first of two volumes, the authors provide detailed case studies of valuation techniques that have been used in developing countries. They demonstrate that valuation works and that it can yield significant insights into policy-relevant issues regarding conservation and economic development. The authors address a whole range of environmental issues under the broad themes of water and air quality, biological diversity and forest functions. The economic approaches covered include contingent valuation, hedonic property prices, travel cost methodologies and benefits transfer. They also go on to look at the idea of extending national accounts to reflect changes in environmental assets. Examples of the varied and interesting case studies include valuing improvements to sanitation in Malaysia, the value of visits to game parks in South Africa and tropical forest values in Mexico. They highlight how valuation techniques can be applied, often with limited resources, to critical development issues. Academics and practitioners of environmental economics will draw great value from this unique and original work, as will the many multilateral and bilateral aid agencies. The book will also prove a valuable addition to graduate and undergraduate courses in environmental economics where there is a need for case material.
How much is a cleaner environment worth? For policy makers, that question used to go largely unanswered. Many economic activities cause environmental degradation, entailing real costs to the economy and to people's welfare. Knowing the extent of these costs is crucial for identifying a country's main environmental priorities and allocating appropriate funds for environmental protection. Over the past decade, the World Bank has initiated a systematic effort to measure the costs of environmental degradation in the Middle East and North Africa, shedding new light on their magnitude and on the need for policy changes. In many cases, these costs were found to be surprisingly large. 'The Cost of Environmental Degradation: Case Studies from the Middle East and North Africa' brings together the best case studies of this program and summarizes their policy impacts at the national and regional levels. The case studies quantify monetarily the annual damage due to environmental degradation and express these estimates as percentages of the countries' gross domestic product. The studies use the most recent environmental valuation methods to estimate the economic costs resulting from air pollution, water degradation, deforestation, and land degradation. Uniquely, the book dedicates a case study to value the costs of environmental degradation resulting from an oil spill and demolition waste in times of conflict. The studies then illuminate the concrete implications on policy, investments, and institutions for the respective nations. This book will be of interest to policy makers, nongovernmental organizations, and academic and research institutions.
Overviews the application of economic valuation techniques to environmental problems in less developed countries. Demonstrates the importance of economic valuation in devising sound environmental policies and development initiatives, and gives examples of applications of valuation in various countries. Of interest to environmental economists, project appraisal analysts, policy makers, and graduate students of development and environmental economics. Annotation copyrighted by Book News, Inc., Portland, OR
This companion volume to Economic Instruments for Environmental Management presents essential information on the applications of economic valuation to environment and development. It draws on a three-year collaborative effort by research institutions around the world. Authoritative studies review the range of valuation methods used in developing economies, their purposes, the problems encountered and the quality of the results. Topics covered include the value of wildlife viewing, the conservation of rainforests, mangroves and coral reefs, supplying rural water, and controlling urban air pollution. The analysis reveals important methodological and contextual factors, highlighting key lessons and ways of strengthening future valuations. Written to be accessible to non-economists, the book provides source material for students and academics, and for policy-makers and professionals, using valuation methods to frame policy.
This volume presents the results of a three-year collaborative effort involving research institutions in Africa, Asia, Europe and Latin America. Case studies demonstrate the diversity of environmental problems to which a variety of economic instruments can be applied - air and water pollution, packaging, deforestation, over-grazing, wildlife. They also show what is needed for them to work successfully and the pitfalls to avoid in introducing them, providing guidance for future applications. Written to be accessible to non-economists, the book offers source material for students and academic economists, as well as for professionals working with economic instruments.
Two and a half billion people are affected directly on a day to day basis by the allocation and use of primary local resources. Yet `official' development economics has concentrated on headline international issues and only recently begun to take account of the dependence of poor countries on their natural resources, the link between acute poverty and environmental degradation, and the problems associated with the management of local common property such as soil and soil cover,water, forests and their products, animals and fisheries.In these volumes, which are part of the WIDER programme on the Economics for the Environment, expert contributors provide a set of authoritative studies of emerging development issues, ranging from foundational matters to case studies, original research (in areas where there has been a paucity of work) to survey papers. They address both analytic and empirical issues on the role of environmental resources in the development process, presenting explanations of existing situations and policiesfor the future. A wealth of interests and backgrounds is represented, and reflected in the cross-fertilization between papers.
First published in the Planning and Public Policy journal of the Research Institute for Applied Economics (IPEA) in Rio de Janeiro, this collection of papers was written by economists in Brazil, the US, the UK, and The Netherlands. Individual topics include the use of the environmental Kuznets curve in linking environment, growth, and welfare issues; the relationship between international trade and environmental policy and the use of perverse subsidies; a risk analysis perspective of the statistical value of lives in setting environmental costs to determine health benefits; deforestation in Brazil; and climate change effects on agriculture. c. Book News Inc.