World without End Economics, Environment, and Sustainable Development

by Pearce, David W.; Warford, Jeremy J.

• ISBN13: 9780195208818
• ISBN10: 0195208811
• Format: Hardcover
• Copyright: 1993-04-29
• Publisher: Oxford University Press

Summary

Is it possible to maintain sustainable development? What sacrifices do developing countries make in their environment to progress in their economic advancement? This work is comprehensive in its survey of environmental economics. Bridging the gap between theory and application, the authors explore many issues including evaluating environmental damage and benefits, population growth and resources scarcity, income distribution and poverty, acid rain and the greenhouse effect, and world markets and natural resource degradation.

Table of Contents

Preface
Sustainable Development
Environment and Development: An Overview	p. 3
The Concept of Sustainable Development	p. 41
Fairness and Time	p. 65
Measuring Sustainable Development	p. 83
Evaluating Environmental Damage and Benefits	p. 97
Resource Degradation: Causes and Policy Responses
Population, Resources, and Environment	p. 149
Policy Failure: Pricing below Private Cost	p. 173
Market Failure: Social Pricing Distortions	p. 195
Planning Failure: Socialist Planning and the Environment	p. 217
Property Rights Failure and Renewable Resources	p. 235
Poverty, Income Distribution, and Environment	p. 261
International Environmental Issues
World Markets and Natural Resource Degradation	p. 281
Transfrontier Environmental Issues	p. 327
Managing Global Resources	p. 357
References	p. 399
Credits for photographs	p. 426
Index	p. 427
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