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There is an increasing interest in inclusive wealth, and inclusive wealth can be a solution to the problematic narrowness of the traditional national accounting sys-tem, which has been recognized for a long time. This book offers a comprehensive guide on this subject of inclusive wealth.
Ecosystems and biodiversity have been degraded over decades due to human activities. One of the critical causes is market failure: the current market only accounts tangible resources and neglects intangible functions, such as climate control and natural hazard mitigation. Under such circumstances in capitalism, land conversion and resource exploitation, which generate financial income, are highly prioritised over conservation, which is not necessarily beneficial in monetary terms. To halt ecosystem degradation, thus, the values of ecosystem services need to be visualised and economic instruments for ecosystem conservation should be further developed. This book focuses on these two aspects an...
The Inclusive Wealth Index provides important insights into long-term economic growth and human well-being. The Index measures the wealth of nations through a comprehensive analysis of a country's productive base and the country’s wealth in terms of progress, well-being and long-term sustainability. It measures all assets which human well-being is based upon, in particular, produced, human and natural capital to create and maintain human well-being over time.
This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics. Environmental Economics seeks to elucidate the mechanisms that give rise to environmental problems by approaching environmental issues from an economic perspective. At the same time, it is a study aiming to indicate specific countermeasures that could resolve present environmental issues. This text has been put together in way that allows readers without specialized economics knowledge to easily understand the situation, issues and challenges of environmental economics.
Problems of climate change, biodiversity and air pollution are clearly growing globally, but more particularly in Asia because of its economic importance and richness in nature. The increasing interest in environmental and resource economics applied in regions of Asia will make this book an outstanding resource to the existing literature, particularly in the fields of environmental and resource economics and the integration of applied content in traditional and agricultural development. At present there is no single handbook or text on the state of current knowledge in environmental economics in Asia or one which offers a comprehensive guide to students and academics on the subjects of environmental economics research. This book will help to fill the gap in the existing literature.
As "business as usual" has become the mantra of today's world, it's unlikely to see a decrease in hazardous waste generated from greater economic growth. Written by renowned experts, the book suggests a solution, supported by theoretical arguments to this waste problem. The book discusses how main problems for waste management can be addressed through appropriate policies adopted by governments in OECD countries. The book also raises thoughtful questions on how household waste management services should be privatized and who should pay for the disposal and recycling costs. It attempts to answer these questions. The book considers several factors hindering the first-best optimal outcome and h...
The excessive pursuit of economic interests has resulted in severe environmental and social problems, such as climate change, biodiversity loss, and inequality and disparity. There is an urgent need for broader measures of progress to complement Gross Domestic Product (GDP). This book provides a wide range of economic evaluations of environmental and societal issues including climate change, emission problem from garbage landfills, and income inequality. The book explains that sustainability indicators and well-being measures can be effective guide for policy making and how they can strike a balance between economic, environmental, and societal interests. This book summarizes current practices and theories of economic evaluation for sustainability and provides understanding of emerging trends in this area. It also stresses the importance of environmental policies and business actions in achieving sustainable growth and puts forth why countries should take natural capital and other conventional inputs into consideration.
This pioneering book provides a comprehensive, rigorous and in-depth analysis of China's energy and environmental policy for the transition towards a low-carbon economy. This unique book focuses on concrete, constructive and realistic solutions to China's unprecedented environmental pollution and rising greenhouse gas emissions from burning fossil fuels and energy security as a result of steeply rising oil imports. It provides an up-to-date factual analysis of China's efforts and commitments to improve energy efficiency, to cut pollutants and to increase the use of renewable energy to create a low-carbon economy. The author explores many of the policies and measures that China has put in place to save energy and reduce emissions, as well as examines new policies and measures in order for China to be successful. Energy and Environmental Policy in China will prove to be of great value to practitioners and policymakers, as well as to academies and students in the areas of economics, environmental studies, Asian studies, regional and urban studies, law, political science and sociology.
The authors are to be congratulated for a book that provides a comprehensive and vigorous analysis of many pressing environmental issues which China faces now and will face in the future. The book will be of interest to a broad audience, and is a must-read for and should be on the book shelf of anyone concerned about and attempting to understand environmental issues related to agriculture, water, industry, energy production and use, investment and development in China. Zhongxiang Zhang, The China Journal Over the past two decades, China has become an economic powerhouse. However, as the world s largest producer of CO2 emissions, the scale and seriousness of China s environmental problems are...
This book highlights methodological approaches for the economics of sustainable development and brings together recent empirical work done in India, especially by Dr. Surender Kumar and Dr. Shunsuke Managi. Various chapters in this book use Indian data to show the very wide applicability of methodologies in the theory of production for dealing with many empirical issues of environmentally sustainable development in a developing country. I congratulate the authors for the time and effort devoted to compiling this very useful reference on the subject and the publishers for publishing this volume. The methodologies of cost functions, distance functions, and production fu- tions have been used i...