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The ECONOMICS OF THIRD WORLD NATIONAL PARKS - Issues of Tourism and Environmental Management (Hardcover, illustrated edition)
Loot Price: R2,871
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The ECONOMICS OF THIRD WORLD NATIONAL PARKS - Issues of Tourism and Environmental Management (Hardcover, illustrated edition)
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National parks and game reserves are under threat from exploitation
by tourists and by people living on their borders. Parks, although
highly valued by conservationists, are not protected from
unregulated economic behaviour within and outside their borders.In
The Economics of Third World National Parks, Anup Shah argues that
parks and reserves are worth preserving, rigorously analyses the
problem and advocates solutions drawing on a wide range of sources.
Issues discussed include the effects of economic activity on a
national park, the tourist problem, valuing a national park and the
use of cost-benefit decision making. Dr Shah uses economic analysis
to explore institutional arrangements which would compensate for
externalities resulting from exploitation and over-use by tourists
and local communities. The price mechanism, he argues, is not a
satisfactory tool with which to protect areas of rich
bio-diversity. The Economics of Third World National Parks presents
a clear and thoughtful application of economic thought, and
especially the concept of externalities, to a key problem which
current institutional structures seem unable to resolve.
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