Economic Development and Environmental Sustainability: New Policy Options

Paperback | July 11, 2006

EditorRamon Lopez, Michael A. Toman

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Economic growth as we know it today cannot persist indefinitely if it entails continuous degradation of natural resources and the environment. While in a few countries around the world it appears that environmental degradation has been the result of rapid economic growth, in the vast majorityof the developing countries the environment has been equally spoiled despite slow or even negative economic growth. This book provides new insights on the common roots of economic stagnation, poverty and environmental degradation which, unfortunately, generally reside in misguided government policies and priorities. By doing this, the volume seeks to provide a broader policy option framework than those found inconventional policy analyses, mainly dominated by the "Washington Consensus". It shows that a major omission of the conventional view is that governments tend to allocate government expenditures in a biased way favouring subsidies to the economic elites to the detriment of investments in publicgoods, including human capital, RandD, as well as the development of institutions (environmental and otherwise), which are vital for long run growth, poverty reduction and environmental sustainability.

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Economic growth as we know it today cannot persist indefinitely if it entails continuous degradation of natural resources and the environment. While in a few countries around the world it appears that environmental degradation has been the result of rapid economic growth, in the vast majorityof the developing countries the environment ...

Ramon Lopez is a Professor of Economics at the Department of Agricultural and Resource Economics at the University of Maryland at College Park. He is also a Senior Fellow at the University of Bonn (ZEF) and Chair of the Publication Review Committee at the International Food Policy Research Institute (IFPRI) in Washington, DC. Professo...

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Format:PaperbackDimensions:504 pages, 9.21 × 6.14 × 1.02 inPublished:July 11, 2006Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199298009

ISBN - 13:9780199298006

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Table of Contents

OverviewRamon Lopez and Michael A. Toman: Sustainable Development: Towards a Broader Policy Agenda1. Edward B Barbier: Natural Capital, Resource Dependency and Poverty in Developing Countries: The Problem of "Dualism within Dualism"2. Kirk Hamilton and Rashid Hassan: Measuring Development Prospects by 'Greening' the National Accounts3. Jon Strand and B. Gabriela Mundaca: Impacts of Macroeconomic Policies on the Environment, Natural Resources and Welfare in Developing Countries4. Robert T. Deacon and Bernardo Mueller: Political Economy and Natural Resource Use5. Ramon Lopez: Structural Adjustment and Sustainable Development6. Brian R. Copeland and Sumeet Gulati: Trade and the Environment in Developing Economies7. 4. J.E. Somanathan and Thomas Sterner: Environmental Policy Instruments and Instututions in Developing Countries8. Douglas F. Barnes and Michael A. Toman: Energy, Equity and Economic Development9. R. Maria Saleth and Ariel Dinar: Water Institutional Reforms in Developing Countries: Insights, Evidences, and Case Studies10. Anil Markandya: Water Quality Issues in Developing Countries11. Alan J. Krupnick: Urban Air Pollution, Health and Policy Instruments12. Heidi J. Albers and Paul Ferraro: The Economics of Terrestrial Biodiversity Conservation in Developing Nations13. Erwin Bulte and Stefanie Engel: Conservation of Tropical Forests: Addressing Market Failure14. Michael A. Toman: Appendix

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`'This is an important collection of essays. They are of a consistently high standard and the authors in general are among the leading writers in this much neglected field.''The late Professor David Pearce