Sustainable Investment and Resource Use: Equity, Environmental Integrity, and Economic EfficiencyEach year throughout the world, humans use some 40% of the total amount of terrestrial primary production. Global, national and local resource stocks, particularly renewable resource stocks, are being depleted. There are many explanations for this decline, but one two-edged sword which is emerging to the forefront of the debate is government policy. Despite well-intentioned government programmes and objectives, government policy has significantly added to and exacerbated other pressures on resources - including those owned by governments themselves. |
Contents
SUSTAINABLE INVESTMENT AND RESOURCE USE | 3 |
SOME ECONOMIC ECOLOGICAL AND SOCIAL | 19 |
3 | 49 |
Copyright | |
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Sustainable Investment and Resource Use: Equity, Environmental Integrity ... Michael Denis Young No preview available - 1992 |
Common terms and phrases
achieve agricultural allocated approach benefits between-generational equity Brown Weiss capital Chapter compensation conditionally-renewable resources conservation considerations constraints consumers consumption Countries that recognise degradation developing countries ecological functions ecological scale ecologists economic activity economic efficiency economic instruments economic rent economists ecosystems emission rights encourage enforcement ensure environment environmental quality example existing forest future options global improve incentive income increase industrial countries institutional arrangements investment and resource keystone species land maintain maintenance MARGINAL COST market failure mechanisms natural capital natural resource necessary non-renewable resources obligations offset opportunities Pareto optimality Pearce political pollution population problems production programmes quota real interest rate recognise this prescription redistribution reduce regulations regulatory capture require resource base resource depletion resource rights resource stocks resource users resource-right systems social standards subsidies sustainable development sustainable investment sustainable resource tariff taxes trading arrangements wealth welfare whilst World Bank