Tomasz Zylicz's book is an important contribution to the debate on how to finance sustainable development in transitional economies. Using Poland as an example, the author shows how sustainable development may be possible if the economic value of natural capital is accounted for.The book studies examples of natural capital in Poland, identifies the beneficiaries of these natural assets, and discusses ways to reimburse those who own, steward or live within these assets (such as the national parks). With its focus firmly on environmental assets, rather than disruption and crises in the Central and Eastern environment, the author reports on a number of nature protection studies including economic valuation surveys, species reintroduction projects, and the financing of national park services. Regional and international contexts of the local natural heritage are highlighted. Tomasz Zylicz uses the example of Poland to frame wider theories and conclusions on how to preserve and enhance the natural capital in transition economies. Political, environmental and natural resource economists and environmental scientists, as well as NGOs and policymakers will find this book illuminating reading.

The use of dynamic models to address the problem of environmental degradation is central to environmental policy because decisions taken now affect not only the current generation but have a profound impact on the future. In this innovative book, Frank Hettich uses dynamic modelling to study the interactions between economic growth, environmental policy and tax reform. He incorporates pollution and abatement technologies into different endogenous growth models that take into account consumer preferences and physical and human capital accumulation. He focuses on the effects of environmental policy in closed and open economies in the short, medium and long term. He sheds light on the following questions: * what kind of environmental policy can reverse tendencies towards increasing pollution? * will tighter environmental policy inevitably reduce economic growth? * does environmental taxation provide an efficient source of revenue for governments? * how will higher preferences for a clean environment affect optimal growth rates? * what are the effects of international cooperation on growth, welfare and pollution? * does sustainable environmental development necessarily preclude economic growth? This book will interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.

This authoritative book presents the results of important new research into the economics of biodiversity conservation in sub-Saharan Africa. The contributors offer case studies of the economic causes of biodiversity loss in a range of ecosystem types - wetlands, montane forests, tropical moist forests, semi-arid savannas and lakes - and discuss the policy options for biodiversity conservation in each case. They also provide an in-depth analysis of the environmental consequences of policy reform at the macro- and micro- levels and offer practical recommendations for the implementation of the Convention on Biological Diversity. The Economics of Biodiversity Conservation in Sub-Saharan Africa will prove invaluable to scholars and policymakers working within the areas of environmental economics, environmental science and sustainable development.

This book analyses and quantifies the environmental impact of two closely related phenomena: economic growth and trade liberalisation. Previous work in this area tends to address only the impact of trade or economic growth on the environment, yet, as Matthew Cole shows, the two are inextricably linked. A theoretical and historical background to the relationship between economic growth and the environment, coupled with the environmental impact of international trade, particularly as it has been applied through the GATT/WTO, provides the contextual framework for a detailed empirical analysis. In examining the environmental effects of economic growth and international trade, use is made of Environmental Kuznets Curves (EKCs) and improvements to traditional EKC methodology are suggested. Global policy implications are discussed and conclusions drawn. An essential supplementary text for any undergraduate or postgraduate studying environmental economics, this book should appeal to researchers and policymakers in the field of international economic development as well as anyone with an interest in the global environment.

Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. Careful design of these policies in second-best environments is a very important factor for their success. This book uses cutting-edge research in order to appraise their efficiency in varying market conditions. This book evaluates the impact that market power could have on the implementation of market-based environmental policies within static, dynamic and open economy frameworks. It explores the potential negative impacts that market-based instruments could have on competitiveness and examines the effects that time inconsistency in the implementation of emission taxes and emission permits could have on environmental innovation. Utilizing open economy frameworks, the contributors also analyse the impact of market imperfections on the structure of environmental polices across countries. They advocate co-operation across countries as a means to maximise the benefits from these policies. Environmental Regulation and Market Power will prove invaluable to scholars and policymakers in the area of environmental studies.

Environmental taxes are considered one of the most attractive environmental policy instruments. However, many problems still prevent their widespread implementation. This impressive book offers a comprehensive, global and innovative treatment of the environmental tax issue. The author provides detailed economic analysis as well as practical policy suggestions and presenting numerous examples that have been successful in addressing complex issues as well as considering questions including: how should the instrument be designed? what to do with the tax revenues? how taxes could be made acceptable for industry, politicians and voters an analysis of the ethical issues of environmental taxation. This comprehensive treatment of environmental taxes will ensure the book's appeal to researchers, academics and students. It will also be of immense value to those working with the environment, as well as providing practical solutions to implementation problems faced by civil servants in central and local government.

In this innovative book, Clement Tisdell adopts a holistic approach, combining economic, social, biophysical and historical considerations to analyse the economic origins of major contemporary environmental problems, especially those associated with climate change. The ability of humankind to respond effectively to these problems is assessed in a unique and lucid fashion. The depth and nature of social embedding is identified as the major (but not the only) barrier to dealing with human-induced environmental change. In a thought-provoking manner, the book provides discussions of: the relationships between the nature of economic development, social and environmental change; the limited policy guidance provided by debates about the desirability of sustainable development; the shortcomings of economic criteria for valuing environmental and social change; and social embedding as the prime impediment to humanity responding adequately to many of its current environmental problems. Given its interdisciplinary nature, this book will appeal to economists, sociologists, geographers, social historians and political scientists alike. Natural scientists who are interested in socio-economic aspects of environmental change will also find this a captivating read.

This major annual publication is an authoritative state-of-the-art survey of current issues in environmental and resource economics written by the leading academics in the field.The discipline of environmental and resource economics has undergone a rapid evolution over the past three decades with the early literature focusing mainly on valuation and the design of policy instruments to correct externalities and encourage optimal resource exploitation. In the past few years, the field has broadened its scope by making numerous links with other disciplines in economics as well as the natural and physical sciences. As a result there has been an explosion in the literature which has made it increasingly difficult to keep up with developments in the field. The Yearbook cuts through this by focusing on the principal issues of current interest. In this edition, experts in their specific field consider the problems of the monitoring and enforcement of environmental policy and examine possible voluntary approaches to environmental protection. Topics examined include policies to counter tropical deforestation, the analysis of transportation and environmental policy, models of climate change control, environmental labelling and the use of cost-benefit analysis. The Yearbook will provide economists, scholars and practitioners working in environmental and resource economics with a comprehensive overview of the up-to-date issues written by the leading international scholars.

One of the basic issues of accounting is to augment, or extend the conventional net national product measure so as to obtain a better indicator of welfare. This book extends the usual analysis of social accounting by including technological change, externalities and uncertainty. This important new book analyses welfare measurement, sustainability and 'green accounting' within general equilibrium models. A large part of the book is devoted to welfare measurement in the presence of technological change and external effects which complicate 'green accounting' to a considerable extent. In addition to environmental externalities, the authors also discuss external effects arising from investments in human capital and their implications for welfare measurement. Other areas examined are welfare measurement under uncertainty and examples of cost-benefit analyses of environmental and other policies. The book will be required reading for graduate students and professional economists interested in macroeconomics, environmental and resource economics.

This impressive volume analyzes revealed preference approaches to modelling the demand for recreational resources. It presents one of the most thorough treatments of methods that rely on observed behavior to estimate the value of environmental amenities. The authors have brought together a collection of papers by top applied environmental economists, providing professional economists and policy analysts with a comprehensive reference on the current state-of-the-art in recreation demand analysis. The papers encompass both the theory of welfare measurement and practical applications. This volume will be essential reading for those interested in 'tooling up' on revealed preference approaches. For long-term practitioners, the papers provide an invaluable reference on recent developments in their field.

This original book presents a new basis for environmental policymaking: environmental networks. This framework graphically simplifies the analysis of environmental problems and emphasizes the spatial nature of economic activity and pollution dispersion.The book first discusses the foundations of environmental economics before going on to apply the environmental network approach to different firm structures. The authors then extend the analysis to incorporate multiple products and pollutants, the presence of transaction costs, the availability of investment in production technologies, and the issue of noncompliance versus compliance. They also apply the network approach to pollution caused by transportation and assess the success of permits in limiting this. The authors then formulate integrated models, analyzing the use of permits and taxes in firms, producers, and consumers, as well as transportation and trade routes. This book will be of interest to students, researchers, practitioners, and policymakers in environmental and transport economics.

Frontiers in Ecological Economics presents some of Robert Costanza's most important work on understanding ecological and economic systems. A signal contribution of Costanza's work is that he transcends disciplinary boundaries by collaborating closely with other specialists and thereby constructs an integrated analysis of the interaction between humans and the rest of the natural world.The book is divided into four parts; part one discusses the creation of an ecological economics, the second part considers material and energy flows in ecological and economic systems, part three surveys dynamic ecological and economic systems modelling and analysis and the final part explores the role of institutions and incentives in environmental protection. Main themes and issues include: environmental sustainability, managing environmental systems, energy and economic valuation in environmental systems and a concern for both the necessity and limitations of modelling ecological economic systems. The book improves access to Robert Costanza's work which has made a fundamental contribution to the development of ecological economics.

This important collection of essays from the leading writers in the field, focuses on the importance of taking environmental issues into account in the process of development and poverty reduction. This book deepens our understanding of environmental sustainability in a context of economic
growth, putting sustainable development firmly back on the agenda.

The effectiveness and scope of operational analysis of sustainable development is explored in this major new book. Ecological Economics and Sustainable Development offers an integrated treatment of theory, methods and applications for economic-ecological analysis taking into consideration all the relevant interactions between economic, development and physical and biological processes.An overview of different theoretical perspectives, based on insights from economics, ecology and thermodynamics, is followed by discussion of the dimensions of sustainable development including ethics and intergenerational equity, sustainable and multiple use, and spatial sustainability. The second part of the book discusses methods for analysis, covering the choice of indicators, natural resource accounting, and integrated static, dynamic and spatial modelling, and evaluation, including multi-criteria and cost-benefit analysis. Attention is also given to decision support and the choice of policy instruments. Combinations of the various methods are applied in the final part of the book, using case studies which cover a range of ecosystems and regions, as well as a variety of issues and problems. These studies clearly show the potential of policy-oriented integrated economic-ecological analysis for sustainable development.

Can waste become a profitable business rather than a costly problem, creating green business opportunities and green jobs while protecting the environment? Might this reduce illegal trade and improper recycling of hazardous wastes by making the legitimate alternatives more attractive? Addressing these questions, this book examines environmentally sound waste management as a driver in the transition to a Green Economy, and discusses how this transition is challenged by technical limitations, weak regulatory environments and lack of financial incentives. This in-depth analysis of the link between waste management and a Green Economy identifies key elements of a solid overarching legal and policy framework that could address these challenges, noting that consistent implementation and enforcement is crucial. It complements its examination of the legal and policy issues with contributions on technical and economic aspects, taking into account the interdisciplinary nature of the problem, and offers a perspective from Asia, where the challenges of waste management as well as the possible opportunities are particularly significant. With interdisciplinary authorship and contributions drawn from academia and practice, this book will be a timely resource for academics and practitioners in the areas of law, policy and economics. It will also provide insights for civil servants engaged in waste policy and related areas, private sector operators engaged in waste management and sustainable development, and non-governmental organizations engaged in environmental protection and poverty reduction efforts. Contributors include: J. Baumgartner, M. Grosz, T. Hardman Reis, K. Kummer Peiry, J. Li, J. North, P. Portas, R. Rayfuse, M. Schluep, X. Sun, J. Voinov Kohler, V. Weick, B. Zhu, A. Ziegler

This comprehensive and accessible textbook addresses important relationships between economics and environmental policy, especially highlighting the role of taxation. It also connects environmental policy to social accounting by describing how measures of welfare and sustainable development depend on whether policies successfully internalize market failures. The authors discuss how the modern literature on environmental taxation and tradable permits has evolved. Environmental taxation is examined from a purely corrective perspective, and as part of a broader system of optimal taxation that reflects distributional objectives. Cost benefit rules of environmental policy reforms are also examined in various contexts. Key features include: ? Examination of optimal tax policy in static and dynamic general equilibrium models with environmental externalities? Examination of cost benefit rules for environmental policy reforms? Essential historical background to the modern literature on environmental policy? Discussion of measures of welfare and sustainable development? Environmental policy from a fiscal federalism perspective. This textbook will be essential reading for those studying environmental economics and environmental policy, working effectively as both an in-depth supplementary text in general courses on environmental economics and a strong main source for environmental policy courses.

Sugarcane exhibits all the major characteristics of a promising bioenergy crop including high biomass yield, C4 photosynthetic system, perennial nature, and ratooning ability. Being the largest agricultural commodity of the world with respect to total production, sugarcane biomass is abundantly available. Brazil has already become a sugarcane biofuels centered economy while Thailand, Colombia, and South Africa are also significantly exploiting this energy source. Other major cane producers include India, China, Pakistan, Mexico, Australia, Indonesia, and the United States. It has been projected that sugarcane biofuels will be playing extremely important role in world's energy matrix in recent future. This book analyzes the significance, applications, achievements, and future avenues of biofuels and bioenergy production from sugarcane, in top cane growing countries around the globe. Moreover, we also evaluate the barriers and areas of improvement for targeting efficient, sustainable, and cost-effective biofuels from sugarcane to meet the world's energy needs and combat the climate change.

Industrial houses have, in recent years, begun to favor green products and financial institutions are funneling investible funds to environmentally friendly industries as a priority. Implementation of green policy to support these changes requires economic as well as political support from various influential countries. Success of green policies will inevitably benefit biodiversity and global environmental health. Economic and Political Implications of Green Trading and Energy Use is a scholarly research publication that presents global perspectives on the impact of green financing and accounting on the health of the environment while highlighting issues related to carbon trading, carbon credit, energy use, and energy efficiency and their impact on economic outputs. This reference features a range of topics including environmental policies and sustainable development and is essential for academicians, environmental scientists, policymakers, political scientists, students, and researchers.

This book presents a cutting-edge analysis of the economic effects and challenges of Russia's invasion of Ukraine, with a special focus on EU sanctions on Russian energy and Ukraine's political relationship with the European Union in a global context. Welfens outlines key macroeconomic perspectives on the ongoing conflict between Russia and Ukraine, highlighting in particular how sanctions posed by the international community will have a wider economic impact than what has so far been envisaged. The book discusses the effects of Russian gas supply boycotts against Western countries as well as global effects of an EU energy import boycott on Russia, especially for China and the Asian continent. An innovative proposal to cut electricity prices is presented. It also explores the challenges to relations between the EU, China and Russia caused by the invasion, the effects of the unfolding refugee crisis (within a post-Brexit EU), military and humanitarian aid pledges to Ukraine, and the risks of reduced multilateralism within the world economy as a direct result of the war. The book also analyses the risks and benefits of potential enlargement of the EU to integrate Ukraine as a member state. The topics covered by the book are all set within a long-run view of diplomatic and economic relations between the West, Russia and Ukraine. The factors analysed here provide a new, broader picture of the international effects of the conflict, as well as its potential implications for policy design as we enter a new global order marked by the Russo-Ukrainian war. The book will be of interest to researchers and policy-makers working in international economics, new political economy, European politics and integration, and macroeconomics more broadly.

This book explores novel research perspectives at the intersection of environmental/natural resource economics and productivity analysis, emphasizing the link between productivity and efficiency measurement, and environmental impacts. The purpose of the book is to present new approaches and methods for measuring environmentally adjusted productivity and efficiency, and for incorporating natural resources in standard national accounting practices. These methods are applicable in many contexts, including air and water pollution, climate change, green accounting, and environmental regulation. The contributions, written by distinguished leaders in the field, provide an up-to-date assessment of the state of the art in environmentally adjusted productivity and efficiency analysis. A review of the rapidly expanding literature is included and complemented by international case studies. The book's forward-looking ideas and new theories and methods trace future directions in this exciting and topical research area. This is an essential tool for researchers and scholars, including postgraduate students, working in the area of international and environmental accounting, and productivity and efficiency analysis. The book will also have a broad appeal for various professionals including statisticians, national accountants and policymakers. Contributors include: M. Akter, T. Ancev, M.A.S. Azad, A. Bellver-Domingo, H.K. Edmonds, M. Eigenraam, R.G. Fare, K.J. Fox, S. Grosskopf, A. Hailu, F. Hernandez-Sancho, V.-N. Hoang, N. Hughes, W. Ingram, H. Jahan, B. Lamizana-Diallo, K. Lawson, L.Y.T. Lee, C.A.K. Lovell, J.E. Lovell, C. Ma, C. Obst, C.A. Pasurka, Jr., C. Wilson

Economic Theory and Capitalist Society is a collection of Shigeto Tsuru's most important essays written over the period of the past 60 years in the fields of general economic theory, development and environmental economics, and Marxian political economy. Professor Tsuru has been a leading critic of the major tenets of modern economic theory and has been credited in particular for his comparative studies of aggregate concepts, such as those of Quesnay, Keynes and Marx. Essentially an institutionalist, the author reviews the methodological significance of Marx's contribution, taking up in detail the latter's unique concept of the 'fetishism of commodities' and discussing the relevance of Marxian methodology to the analysis of present-day capitalism. The author's critique of the fundamental equation of growth accounting developed by Robert Solow, 'Effects of Technology on Productivity', is one of a number of theoretical papers included in this volume. It also features a series of important essays on environmental economics which the author, as a founder of the Japanese environmental movement, has written over the past half century. This collection of key articles by one of the most distinguished Japanese economists will be welcomed by students and practitioners in the fields of institutional and radical economics, environmental economics and the history of economic thought. The volume also includes an autobiographical essay which explains the development of Professor Tsuru's thought, his education at Harvard in the 1930s and his experience of post-war Japan. The Economic Development of Modern Japan, the second volume of Shigeto Tsuru's selected essays, is also published by Edward Elgar.

A revised and updated edition of the landmark work the New York Times hailed as "a call to action for every developer, building owner, shareholder, chief executive, manager, teacher, worker and parent to start demanding healthy buildings with cleaner indoor air." For too long we've designed buildings that haven't focused on the people inside-their health, their ability to work effectively, and what that means for the bottom line. An authoritative introduction to a movement whose vital importance is now all too clear, Healthy Buildings breaks down the science and makes a compelling business case for creating healthier offices, schools, and homes. As the COVID-19 crisis brought into sharp focus, indoor spaces can make you sick-or keep you healthy. Fortunately, we now have the know-how and technology to keep people safe indoors. But there is more to securing your office, school, or home than wiping down surfaces. Levels of carbon dioxide, particulates, humidity, pollution, and a toxic soup of volatile organic compounds from everyday products can influence our health in ways people aren't always aware of. This landmark book, revised and updated with the latest research since the COVID-19 pandemic, lays out a compelling case for more environmentally friendly and less toxic offices, schools, and homes. It features a concise explanation of disease transmission indoors, and provides tips for making buildings the first line of defense. Joe Allen and John Macomber dispel the myth that we can't have both energy-efficient buildings and good indoor air quality. We can-and must-have both. At the center of the great convergence of green, smart, and safe buildings, healthy buildings are vital to the push for more sustainable urbanization that will shape our future.

With forests now enshrined in the Paris climate agreement, REDD+ initiatives and low emission development strategies (LEDS) will need insights like the ones provided in this timely and important volume to make a difference on the ground. The book draws on the perspectives of government officials from multiple sectors and at multiple levels to present a rich analysis of the economics, conditionalities and accountabilities for the design of intergovernmental fiscal transfers aimed at forest conservation - in competition with the income and jobs generated by natural resource exploitation. I highly recommend this book to anyone seeking practical ways forward on climate mitigation.' - Anne M. Larson, Center for International Forestry Research, PeruIntergovernmental fiscal transfers (IFTs) are an innovative way to create incentives for local public actors to support conservation. This book contributes to the debate about how to conserve tropical forests by implementing mechanisms for reducing deforestation and forest degradation (REDD+). With Indonesia as a case study, the authors adopt an interdisciplinary approach, drawing on political science, economics, and public policy. They consider the theoretical justification, as well as the wider political and administrative context for developing the design of IFTs for conservation. Students and scholars looking at conservation, ecological economics, decentralisation, forest policy and climate change will find this book to be of interest. It will also be of considerable use to policy-makers and practitioners working on forest policy, particularly those implementing REDD+.

In this book Nicholas A. Ashford and Ralph P. Hall offer a unified, transdisciplinary approach for achieving sustainable development in industrialized nations. They present an insightful analysis of the ways in which industrial states are currently unsustainable and how economic and social welfare are related to the environment, to public health and safety, and to earning capacity and meaningful and rewarding employment. The authors argue for the design of multipurpose solutions to the sustainability challenge that integrate economics, employment, technology, environment, industrial development, national and international law, trade, finance, and public and worker health and safety. This book is essential reading for anyone with a policy or scholarly interest in sustainable development and the critical roles of the economy, employment, and the environment.