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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 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 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.
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