Economic Development and Environmental Sustainability - New Policy Options (Paperback)

Economic growth as we know it today cannot persist indefinitely if it entails continuous degradation of natural resources and the environment. While in a few countries around the world it appears that environmental degradation has been the result of rapid economic growth, in the vast majority of the developing countries the environment has been equally spoiled despite slow or even negative economic growth. This book provides new insights on the common roots of economic stagnation, poverty and environmental degradation which, unfortunately, generally reside in misguided government policies and priorities. By doing this, the volume seeks to provide a broader policy option framework than those found in conventional policy analyses, mainly dominated by the "Washington Consensus". It shows that a major omission of the conventional view is that governments tend to allocate government expenditures in a biased way favouring subsidies to the economic elites to the detriment of investments in public goods, including human capital, R&D, as well as the development of institutions (environmental and otherwise), which are vital for long run growth, poverty reduction and environmental sustainability.

General

Imprint:	Oxford UniversityPress
Country of origin:	United Kingdom
Series:	Initiative for Policy Dialogue Series
Release date:	June 2006
First published:	July 2006
Editors:	Ramon Lopez • Michael A. Toman
Dimensions:	234 x 156 x 29mm (L x W x T)
Format:	Paperback
Pages:	486
ISBN-13:	978-0-19-929800-6
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Development economics Books > Earth & environment > The environment > Management of land & natural resources Books > Earth & environment > The environment > Environmental economics > General Promotions
LSN:	0-19-929800-9
Barcode:	9780199298006

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