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This book presents an enquiry into the interface between nature,
economy and society, which is still in its early stages,
notwithstanding the commendable progress and advances made in the
field of environmental and natural resource economics within the
ever-expanding boundaries of economics as a discipline. It further
delineates the evolution of an inter-disciplinary framework for
analyzing the status, the future goals, mechanisms and policy
instruments that can help move towards a more ecologically
sustainable, economically beneficial and socially just future. A
pre-requisite for preparing a comprehensive and coherent framework
involves unfolding the multiple layers of interconnectedness
between the three systems nature, economy and society, each of
which has its own internal consistencies as well as externalities.
Against this backdrop, the book presents scholarly contributions
that focus on four broadly defined building blocks, namely: i)
accounting for ecosystems services for life and human well-being;
ii) impacts of economic growth on ecosystems; iii) social norms,
equity, and governance; and iv) alternative approaches to green and
socio-economic systems. The analyses, presented by some of the most
eminent national and international scholars, address the major
environmental challenges that nations around the world face today
and consider which specific policy directions at the international
and national level are needed. In particular, the choices India and
South Asia now face, as development and environment both need to be
addressed adequately, touch on many of these challenges.
This book presents an enquiry into the interface between nature,
economy and society, which is still in its early stages,
notwithstanding the commendable progress and advances made in the
field of environmental and natural resource economics within the
ever-expanding boundaries of economics as a discipline. It further
delineates the evolution of an inter-disciplinary framework for
analyzing the status, the future goals, mechanisms and policy
instruments that can help move towards a more ecologically
sustainable, economically beneficial and socially just future. A
pre-requisite for preparing a comprehensive and coherent framework
involves unfolding the multiple layers of interconnectedness
between the three systems nature, economy and society, each of
which has its own internal consistencies as well as externalities.
Against this backdrop, the book presents scholarly contributions
that focus on four broadly defined building blocks, namely: i)
accounting for ecosystems services for life and human well-being;
ii) impacts of economic growth on ecosystems; iii) social norms,
equity, and governance; and iv) alternative approaches to green and
socio-economic systems. The analyses, presented by some of the most
eminent national and international scholars, address the major
environmental challenges that nations around the world face today
and consider which specific policy directions at the international
and national level are needed. In particular, the choices India and
South Asia now face, as development and environment both need to be
addressed adequately, touch on many of these challenges.
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