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ISBN:0720121388
Author: Raymond Frech Mikesell
ISBN13: 978-0720121384
Title: Economic Development and the Environment: A Comparison of Sustainable Development With Conventional Development Economics (Global Development and th)
Format: mbr mobi txt rtf
ePUB size: 1900 kb
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Language: English
Category: Social Sciences
Publisher: Mansell (December 1, 1992)
Pages: 152

Economic Development and the Environment: A Comparison of Sustainable Development With Conventional Development Economics (Global Development and th) by Raymond Frech Mikesell



At the same time, the book also attempts to present several national and international issues essential for the practice of sustainable development. Including the introduction and conclusion, the book has eight chapters.

By Raymond F Mikesell. Ecological Economics. BISAC Subject Codes/Headings: BUS000000. BUSINESS & ECONOMICS, General. BUSINESS & ECONOMICS, Economic Conditions. BUSINESS & ECONOMICS, Development, Economic Development. BUSINESS & ECONOMICS, International, Economics.

Albeit somewhat vague, this concept of sustainable development aims to maintain economic advancement and progress while protecting the long-term value of the environment; it provides a framework for the integration of environment policies and development strategies (United Nations General Assembly, 1987). However, long before the late 20th century, scholars argued that there need not be a trade-off between environmental sustainability and economic development. Economics of Sustainability By utilizing economic tools, early theorists.

Economic development is not a blessing for the human beings. No doubt, it brings higher material welfare by increasing national output of goods and services on one hand and on the other hand it pollutes the environment badly by overuse and misuse of natural resources. ADVERTISEMENTS: In the course of economic development, the cost of environmental damage in the shape of deforestation, land degradation, soil erosion and air and water pollution etc. may exceed the benefits of having more output of goods and service.

The World Commission on Environment and Development originally defined it as development which meets the needs of the present, without compromising the ability of future generations to meet their own needs, and there have been many subsequent redefinitions. Its basic principles are set out. Sustainable development has economic, social and environmental components. The solution is not necessarily to modify the original broader policies (which have conventional economic or poverty related goals) but rather to design more specific and complementary environmental measures that would address the more specific policy, market or institutional imperfection and thereby help mitigate negative effects or enhance positive impacts of the original polices on the environment.

Global Tomorrow Coalition (1985). Sustainable Development and How to Achieve It. A Paper Prepared by Non-governmental Organizations for Submission to the World Commission on Environment and Development, 5 05 1985, Washington, DC, USA: 44pp. Goodland, Robert & Ledec, George (1986). Neoclassical Economics and Principles of Sustainable Development. Office of Environmental and Scientific Affairs, The World Bank, Washington, DC, USA: 60 pp. Goulet, Denis (1971). The Cruel Choice: A New Concept in the Theory of Development. Atheneum, New York, NY, USA: xv + 362 pp. Government of Indonesia &. Economic development and the environment. Finance and Development, 23(4), pp. 4–36.

Sustainable development is the organizing principle for meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend. The desired result is a state of society where living conditions and resource use continue to meet human needs without undermining the integrity and stability of the natural system

Chapter 19: Environment and Sustainable Economic Development Learning Objectives Introduction o Meaning of Environment o Functions of the Environment o Reasons.

The macroeconomics and international economics of development. 14 Monetary, Fiscal, and Incomes Policy and Ination. Chapters 14–17 integrate macroeconomics and the international economics of development. The discussion of global production networks examines how low-income countries with reduced protection moved up the value-added ladder to expand their low-technology exports.