Economic Development and Environmental Sustainability
New Policy Options
Ramón López editor Michael A Toman editor
Format:Paperback
Publisher:Oxford University Press
Published:29th Jun '06
Currently unavailable, and unfortunately no date known when it will be back
This paperback is available in another edition too:
- Hardback£142.50(9780199297993)
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 majority of 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 in conventional 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 public goods, including human capital, R&D, as well as the development of institutions (environmental and otherwise), which are vital for long run growth, poverty reduction and environmental sustainability.
`'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
ISBN: 9780199298006
Dimensions: 233mm x 156mm x 26mm
Weight: 744g
504 pages