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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...
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.
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.
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...
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.
Japan's Quest for Nuclear Energy and the Price it has Paid: Accidents, Consequences, and Lessons Learned for the Global Nuclear Industry identifies major accidents in Japan that have happened at different stages of the nuclear fuel cycle in Japan, assesses the underlying causes of nuclear accidents, and identifies other systemic problems in the nuclear industry. It provides recommendations on how government, industry and academic institutions can work together toward achieving a zero-accident safety culture. - Reviews the history of Japan's nuclear programs and commercial activities from the 1950s to the present - Describes the underlying causes of major accidents that have afflicted Japan's nuclear industry, along with consequences, including technical difficulties, costs and program delays - Outlines the evolution of nuclear policies promoted by competing bureaucracies and how these rivalries influenced program priorities and impeded safety
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 book gathers contributions from a multidisciplinary research team comprised of control engineering and economics researchers and formed to address a central interdisciplinary social issue, namely economically enabled energy management. The book’s primary focus is on achieving optimal energy management that is viable from both an engineering and economic standpoint. In addition to the theoretical results and techniques presented, several chapters highlight experimental case studies, which will benefit academic researchers and practitioners alike. The first three chapters present comprehensive overviews of respective social contexts, underscore the pressing need for economically efficie...
Old forms of governance in both public and private sectors are becoming increasingly irrelevant because of rapidly changing conditions. Because of these changes, both governance processes and the scope of the institutions through which power is exercised throughout society may have to undergo a radical break with the past and prevailing models of governance. Water sector is an integral part of the global system. Consequently, its governance processes and the institutions responsible for its management must change as well in order to cope with the current challenges and potential future changes. Because of these current and future changes, water governance may have to change more during the n...