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For much of its history, human population growth increased at a
glacial pace. The demographic rate only soared about 200 years ago,
climaxing in the period 1950-2000. In that 50-year span, the
population grew more than it had in the previous 5000 years. Though
these raw numbers are impressive, they conceal the fact that the
growth rate of population topped out in the 1960s. The apparent
population boom may be approaching a population bust, despite our
coexistence with more than seven billion people. In On the Cusp,
economist Charles Pearson explores the meaning of this population
trend from the arc of demographic growth to decline. He reviews
Thomas Malthus's famous 1798 argument that human population would
exceed the earth's carrying capacity, and explains why this
surfaces periodically when birth rates strongly exceed 2.1 children
per household. Analyzing population trends through dual lenses -
demography and economics - Pearson examines the potential
opportunities and challenges of population decline and aging. In
many industrialized countries, the combination of an aging
population and considerable food security may call for policies
that boost fertility, immigration, and worker participation, reform
pension schemes, and ease concern over moderating rates of
population and economic growth. Sharp and occasionally funny,
Pearson's research has thought-provoking implications for future
public policies. Pearson ends his analysis with a mildly hopeful
conclusion, noting that both the rich and the poor face a new
demographic order. Bold and comprehensive, general readers and
students alike will find On the Cusp an informative and engaging
read.
Economics and the Global Environment is a path-breaking,
comprehensive analysis of how economic and environmental systems
mesh in the international context. The book investigates if and how
environmental resources, such as global climate, genetic diversity,
and transboundary pollution can be managed in an international
system of sovereign states without a Global Environment Protection
Agency. It also considers traditional international economics -
theory and policy - and explores how they can be expanded to
accommodate environmental values. Until recently, trade theory and
trade policy neglected pollution and environmental degradation.
This situation has changed dramatically, and the controversial and
corrosive issues of trade and the environment are here given
careful analysis. These topics are enriched by a concise
presentation of the principles of environmental economics, and a
thoughtful treatment of sustainable development. The book will
appeal to students and practitioners of trade and development, as
well as the environmental community.
Economics and the Challenge of Global Warming is a balanced,
rigorous, and comprehensive analysis of the role of economics in
confronting global warming, the central environmental issue of the
twenty-first century. It avoids a technical exposition in order to
reach a wide audience and is up to date in its theoretical and
empirical underpinnings. It is addressed to all who have some
knowledge of economic concepts and a serious interest in how
economics can (and cannot) help in crafting climate policy. The
book is organized around three central questions. First, can
benefit-cost analysis guide us in setting warming targets? Second,
what strategies and policies are cost-effective? Third, and most
difficult, can a global agreement be forged between rich and poor,
North and South? While economic concepts are foremost in the
analysis, they are placed within an accessible ethical and
political matrix. The book serves as a primer for the post-Kyoto
era.
Economics and the Global Environment investigates if and how environmental resources, such as global climate, genetic diversity, and transboundary pollution can be managed in an international system of sovereign states without a Global Environment Protection Agency. It also considers traditional international economics--theory and policy--and explores how they can be expanded to accommodate environmental values. Until recently, trade theory and trade policy neglected pollution and environmental degradation. This situation has changed dramatically, and the controversial and corrosive issues of trade and the environment are given careful analysis.
Economics and the Challenge of Global Warming is a balanced,
rigorous, and comprehensive analysis of the role of economics in
confronting global warming, the central environmental issue of the
twenty-first century. It avoids a technical exposition in order to
reach a wide audience and is up to date in its theoretical and
empirical underpinnings. It is addressed to all who have some
knowledge of economic concepts and a serious interest in how
economics can (and cannot) help in crafting climate policy. The
book is organized around three central questions. First, can
benefit-cost analysis guide us in setting warming targets? Second,
what strategies and policies are cost-effective? Third, and most
difficult, can a global agreement be forged between rich and poor,
North and South? While economic concepts are foremost in the
analysis, they are placed within an accessible ethical and
political matrix. The book serves as a primer for the post-Kyoto
era.
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