The Economics of Environmental Degradation provides an
institutional economics approach to analyse the underlying causes
of continuing environmental degradation: poverty, population, poor
policies and trade.After a critical, up-to-date survey of the most
recent literature, the authors consider whether there is some
common or deeper explanation of environmental degradation. They
conclude that a problem results whenever human exploitation of the
environment outruns the capacity of human institutions to adapt and
to evolve methods for managing exploitation. Environmental
degradation will persist because it is the static result of the
ongoing dynamic contest between opportunistic individuals and
institutional adaptation. The book assumes no prior knowledge of
economics or the environment and will appeal to a wide readership
of policymakers and students with a background in economics,
geography, conservation biology, environmental studies and
development studies.
General
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