Costs, Valuations and Trade-offs
India’s sustained and rapid economic growth offers an opportunity to lift millions out of poverty. But this may come at a steep cost to the nation’s environment and natural resources. This insightful book analyzes India’s growth from an economic perspective and assesses whether India can grow in a “...
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Language | English |
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New York: Routledge
2015
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Abstract | India’s sustained and rapid economic growth offers an opportunity to lift millions out of poverty. But this may come at a steep cost to the nation’s environment and natural resources. This insightful book analyzes India’s growth from an economic perspective and assesses whether India can grow in a “green” and sustainable manner. Three key issues are addressed. The first is the physical and monetary costs and losses of environmental health and natural resources driven by economic growth. The authors undertake a monetary valuation and quantification of environmental damage, using techniques that have been developed to better understand and quantify preferences and values of individuals and communities in the context of environmental quality, conservation of natural resources, and environmental health risks. The second part estimates the value of ecosystem services from the major biomes in India using state-of-the art methods with a view to preserving them for the future. The third section provides a menu of policy instruments to explore trade-offs between economic growth and environmental sustainability using a computable general equilibrium approach with particular attention to air pollution. The conclusions focus on the way forward in terms of policies, measures, and instruments as India seeks to balance the twin challenges of maintaining economic prosperity and simultaneously managing its environmental resources. This original version is also available at www.Routledge.com/9780415719353. |
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AbstractList | India’s sustained and rapid economic growth offers an opportunity to lift millions out of poverty. But this may come at a steep cost to the nation’s environment and natural resources. This insightful book analyzes India’s growth from an economic perspective and assesses whether India can grow in a “green” and sustainable manner. Three key issues are addressed. The first is the physical and monetary costs and losses of environmental health and natural resources driven by economic growth. The authors undertake a monetary valuation and quantification of environmental damage, using techniques that have been developed to better understand and quantify preferences and values of individuals and communities in the context of environmental quality, conservation of natural resources, and environmental health risks. The second part estimates the value of ecosystem services from the major biomes in India using state-of-the art methods with a view to preserving them for the future. The third section provides a menu of policy instruments to explore trade-offs between economic growth and environmental sustainability using a computable general equilibrium approach with particular attention to air pollution. The conclusions focus on the way forward in terms of policies, measures, and instruments as India seeks to balance the twin challenges of maintaining economic prosperity and simultaneously managing its environmental resources. This original version is also available at www.Routledge.com/9780415719353. |
Author | Mani, Muthukumara S |
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Discipline | Economics Forestry Ecology |
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Notes | India’s sustained and rapid economic growth offers an opportunity to lift millions out of poverty. But this may come at a steep cost to the nation’s environment and natural resources. This insightful book analyzes India’s growth from an economic perspective and assesses whether India can grow in a “green” and sustainable manner. Three key issues are addressed. The first is the physical and monetary costs and losses of environmental health and natural resources driven by economic growth. The authors undertake a monetary valuation and quantification of environmental damage, using techniques that have been developed to better understand and quantify preferences and values of individuals and communities in the context of environmental quality, conservation of natural resources, and environmental health risks. The second part estimates the value of ecosystem services from the major biomes in India using state-of-the art methods with a view to preserving them for the future. The third section provides a menu of policy instruments to explore trade-offs between economic growth and environmental sustainability using a computable general equilibrium approach with particular attention to air pollution. The conclusions focus on the way forward in terms of policies, measures, and instruments as India seeks to balance the twin challenges of maintaining economic prosperity and simultaneously managing its environmental resources. This original version is also available at www.Routledge.com/9780415719353. |
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SubjectTerms | ABATEMENT ABATEMENT COSTS ACID RAIN AGRICULTURAL PRODUCTION AGRICULTURAL SYSTEMS AIR POLLUTION AIR POLLUTION CONTROL AIR QUALITY AQUIFERS CANCER CAPITAL TAXES CARBON CARBON CONTROL CARBON DIOXIDE CARBON DIOXIDE EMISSIONS CARBON EMISSIONS CLEAN DEVELOPMENT MECHANISM CLIMATE CHANGE CLIMATIC CONDITIONS COAL COMPENSATING WAGE DIFFERENTIALS CONSUMER SURPLUS CONSUMPTION CONSUMPTION PATTERNS CONTINGENT VALUATION DAMAGE FUNCTION DECISION MAKING DEFORESTATION DEMAND DEMOGRAPHICS DEVELOPED COUNTRIES DIMINISHING RETURNS DIMINISHING RETURNS TO SCALE DRINKING WATER ECOLOGICAL ECONOMICS ECOLOGY ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INCENTIVES ECONOMIC INSTRUMENTS ECONOMIC POLICIES ECONOMIC VALUE ECONOMICS ECONOMIES ECONOMISTS ELASTICITIES ELECTRICITY GENERATION EMISSION ABATEMENT EMISSION REDUCTION EMISSION TAXES EMISSIONS EMISSIONS LEVELS EMISSIONS REDUCTION ENERGY CONSUMPTION ENVIRONMENT ENVIRONMENTAL ENVIRONMENTAL BURDENS ENVIRONMENTAL COSTS ENVIRONMENTAL DAMAGES ENVIRONMENTAL DEGRADATION ENVIRONMENTAL ECONOMICS ENVIRONMENTAL IMPACTS ENVIRONMENTAL ISSUES ENVIRONMENTAL KUZNETS ENVIRONMENTAL MANAGEMENT ENVIRONMENTAL MEDIA ENVIRONMENTAL PERFORMANCE ENVIRONMENTAL POLICIES ENVIRONMENTAL POLICY ENVIRONMENTAL PROBLEMS ENVIRONMENTAL PROTECTION ENVIRONMENTAL QUALITY ENVIRONMENTAL REGULATIONS ENVIRONMENTAL RESOURCES ENVIRONMENTAL RISK ENVIRONMENTAL TAXES ENVIRONMENTAL VALUATION ENVIRONMENTS EQUILIBRIUM EQUITY EXPECTATIONS EXPENDITURES EXPLOITATION EXTERNALITIES FOOD POLICY RESEARCH FOREST MANAGEMENT FORESTRY FOSSIL FUELS GREEN ACCOUNTING HEALTH PROBLEMS HEDONIC PRICING INCENTIVES INTERMEDIATE GOODS INTERMEDIATE INPUTS LABOR FORCE LABOR MARKETS LABOR PRODUCTIVITY LAND LAND DEGRADATION LAND ECONOMICS LAND PRODUCTIVITY LAND USE LOGGING MARGINAL ABATEMENT MARGINAL ABATEMENT COSTS MARGINAL COSTS MARKET PRICES METALS MINES NATIONAL ACCOUNTING NATIONAL INCOME NATURAL CAPITAL NATURAL RESOURCES NITROGEN OXIDES NON-USE VALUES OIL OPPORTUNITY COSTS OPTIONS OVERGRAZING PASTURES POLICY INSTRUMENTS POLICY MAKERS POLLUTION POLLUTION CONCENTRATION POLLUTION CONTROL POLLUTION LEVELS POLLUTION REDUCTION POPULATION GROWTH PRESENT VALUE PRICE CHANGES PRICES PRIVATE CONSUMPTION PRODUCTION PROCESSES PRODUCTIVITY GROWTH PROPERTY PUBLIC GOOD PURCHASING POWER QUALITY STANDARDS RANGELANDS REAL WAGES RECYCLING RESEARCH AGENDA RESOURCE CONSERVATION RESOURCE USE RESOURCES RETURNS TO SCALE REVENUE REVENUES RIVER BASINS SOCIAL COSTS SOIL DEGRADATION SULFUR DIOXIDE SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TAX RATES TAXES TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS THEORETICAL MODELS TIMBER TRADE TRADEOFFS UNEMPLOYMENT URBAN AIR POLLUTION USE VALUE VALUES WAGE DIFFERENTIALS WAGE RATES WAGES WASTE DISPOSAL WASTE MANAGEMENT WATER POLLUTION WELFARE ECONOMICS WETLANDS WHOLESALE PRICE INDEX WILLINGNESS TO PAY WTP |
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