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Non Renewable Resources And The Limits Of Economic Growth
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Book Synopsis Non-renewable resources and the limits of economic Growth by : Gerrit Reeker
Download or read book Non-renewable resources and the limits of economic Growth written by Gerrit Reeker and published by GRIN Verlag. This book was released on 2014-03-11 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2012 in the subject Economy - Environment economics, grade: 1,0, University of Bergen, language: English, abstract: In 1972 the Club of rome, a group of economists mainly represented by Donella H. Meadows, published The Limits to growth: The Club of Rome's project on the predicament of mankind, dealinh with a prediction of the world's future in terms of the ongoing exploitation of natural non-renewable resources and their impacts on man's living standards. The book made a deep impression on people's minds and initiated a still ongoing discussion among politicians, environmentalists and economists. limits to growth (Meadwos, 1972) is the center part of this term paper. The current discussion is not just about the impacts of the ongoing exploitation of non-renewable resources; it is about the methods used by meadows as well. the objective of this term paper is to show the main results of Meadows' book and analyze in a critical manner the methods used and their implementations, maily concerning the criticism by William Nordhaus (1992). In order to do so there is an initial need for some general remarks on vocabulary used in the manner of this issue. This means in particular the distiction of growth against development, as well as to answer the question of what is meant by the term sustainability. Afterwards the paper presents some main results of Meadows (1972) concerning predicted pathways of certain indicators representing man's future living standards. following the criticism of Nordhaus (1992) the paper continues with a comparable empirical analysis of resource price development. Afterwards the simple economic growth model by Robert Solow will be examined with respect to fixed amount of land, to show the effect-relationship between economic groth and finite land. Finally there is a summary and conclusion of the elaborated results of this term paper.
Book Synopsis The Limits of Growth by : D. H. Meadows
Download or read book The Limits of Growth written by D. H. Meadows and published by . This book was released on 1974 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Sustainable Resource Use and Economic Dynamics by : Lucas Bretschger
Download or read book Sustainable Resource Use and Economic Dynamics written by Lucas Bretschger and published by Springer Science & Business Media. This book was released on 2007-07-19 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in the book cover a broad range of aspects regarding the relationship between natural resource use and long-term economic development. The book surveys existing literature as well as adds to frontier research. In particular, the following topics are studied: incentives for adoption and diffusion of clean technology, resource scarcity and limits to growth, international convergence of energy intensity, and the social norms shaping resource depletion.
Book Synopsis The Economics of Nonrenewable Resources by : Robert Halvorsen
Download or read book The Economics of Nonrenewable Resources written by Robert Halvorsen and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economics of nonrenewable resources addresses some of the most problematic issues concerning the sustainability of the world economy. This comprehensive one volume collection contains forty-six of the most important and influential journal articles by some of the leading scholars in the field. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners.
Book Synopsis The Global Environment, Natural Resources, and Economic Growth by : Alfred Greiner
Download or read book The Global Environment, Natural Resources, and Economic Growth written by Alfred Greiner and published by Oxford University Press. This book was released on 2008-07-25 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, the public attention has turned toward the intricate interrelation between economic growth and global warming. This book focuses on this nexus but broadens the framework to study the issue. Growth is seen as global growth, which affects the global environment and climate change. Global growth, in particular high economic growth rates, imply a fast depletion of renewable and non-renewable resources. Thus this book deals with the impact of the environment and the effect of the exhaustive use of natural resources on economic growth and welfare of market economies as well as the reverse linkage. It is arranged in three parts: Part I of the book discusses the environment and growth. There, Greiner and Semmler incorporate the role of environmental pollution into modern endogenous growth models and use recently developed dynamic methods and techniques to derive appropriate abatement activities that policymakers can institute. Part II looks at global climate change using these same growth models. Here, too, the authors provide direct and transparent policy implications. More specifically, the authors favour tax measures, such as a carbon tax, over emission trading as instruments of mitigation policies. Part III evaluates the use and overuse of renewable and non-renewable resources in the context of a variety of dynamic models. They, in particular, consider the cases when resources interact as an ecological system and analyze issues of ownership of resources as well as policy measures to avoid the overuse of resources. In addition, not only intertemporal resource allocation but also the eminent issues relating to intertemporal inequities, as well as policy measures to overcome them, are discussed in each part of the book.
Book Synopsis Managing without Growth, Second Edition by : Peter A. Victor
Download or read book Managing without Growth, Second Edition written by Peter A. Victor and published by Edward Elgar Publishing. This book was released on 2018 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten years after the publication of the first edition of this influential book, the evidence is even stronger that human economies are overwhelming the regenerative capacity of the planet. This book explains why long-term economic growth is infeasible, and why, especially in advanced economies, it is also undesirable. Simulations based on real data show that managing without growth is a better alternative
Book Synopsis The Limits to Growth by : Donella H. Meadows
Download or read book The Limits to Growth written by Donella H. Meadows and published by Signet Book. This book was released on 1974 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the summer of 1970, an international team of researchers at the Massachusetts Institute of Technology began a study of the implications of continued worldwide growth. They examined the five basic factors that determine and, in their interactions, ultimately limit growth on this planet--population in crease, agricultural production, non-renewable resource depletion, industrial output, and pollution generation. The MIT team fed data on these five factors into a global computer model and then tested the behavior of the model under several sets of assumptions to determine alternative patterns for mankind's future. The Limits to Growth is the nontechnical report of their findings."--Publisher
Book Synopsis Economic Growth Versus the Environment by : Richard Lecomber
Download or read book Economic Growth Versus the Environment written by Richard Lecomber and published by John Wiley & Sons. This book was released on 1975 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Growth and the Environment by : Sander M. de Bruyn
Download or read book Economic Growth and the Environment written by Sander M. de Bruyn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is economic growth good for the environment? A number of economists have claimed that economic growth can benefit the environment, recruiting political support and finance for environmental policy measures. This view has received increasing support since the early 1990s from empirical evidence that has challenged the traditional environmentalist's belief that economic growth degrades the environment. This book reviews the theoretical and empirical literature on growth and the environment, giving an in-depth empirical treatment of the relationship between the two. Various hypotheses are formulated and tested for a number of indicators of environmental pressure. The test results indicate that alternative models and estimation methods should be used, altering previous conclusions about the effect of economic growth on the environment and offering an insight into the forces driving emission reduction in developed countries.
Book Synopsis Weak Versus Strong Sustainability by : Eric Neumayer
Download or read book Weak Versus Strong Sustainability written by Eric Neumayer and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition of an enduring and popular book has been fully updated and revised, exploring the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain that such substitutability is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. The author examines the availability of natural resources for the production of consumption goods and the environmental consequences of economic growth. He identifies the critical forms of natural capital in need of preservation given risk, uncertainty and ignorance about the future and opportunity costs of preservation. He goes on to provide a critical discussion of measures of sustainability. Indicators of weak sustainability such as Genuine Savings and the Index of Sustainable Economic Welfare also known as the Genuine Progress Indicator are analysed, as are indicators of strong sustainability, including ecological footprints, material flows and sustainability gaps. This book will prove essential reading for students, scholars and policymakers with an interest in ecological and environmental economics and sustainable development.
Book Synopsis Prosperity without Growth by : Tim Jackson
Download or read book Prosperity without Growth written by Tim Jackson and published by Taylor & Francis. This book was released on 2016-12-08 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: What can prosperity possibly mean in a world of environmental and social limits? The publication of Prosperity without Growth was a landmark in the sustainability debate. Tim Jackson’s piercing challenge to conventional economics openly questioned the most highly prized goal of politicians and economists alike: the continued pursuit of exponential economic growth. Its findings provoked controversy, inspired debate and led to a new wave of research building on its arguments and conclusions. This substantially revised and re-written edition updates those arguments and considerably expands upon them. Jackson demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task. Starting from clear first principles, he sets out the dimensions of that task: the nature of enterprise; the quality of our working lives; the structure of investment; and the role of the money supply. He shows how the economy of tomorrow may be transformed in ways that protect employment, facilitate social investment, reduce inequality and deliver both ecological and financial stability. Seven years after it was first published, Prosperity without Growth is no longer a radical narrative whispered by a marginal fringe, but an essential vision of social progress in a post-crisis world. Fulfilling that vision is simply the most urgent task of our times.
Book Synopsis Scarcity and Growth Revisited by : R. David Simpson
Download or read book Scarcity and Growth Revisited written by R. David Simpson and published by Taylor & Francis. This book was released on 2012-05-23 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a group of distinguished international scholars provides a fresh investigation of the most fundamental issues involved in our dependence on natural resources. In Scarcity and Growth (RFF, 1963) and Scarcity and Growth Reconsidered (RFF, 1979), researchers considered the long-term implications of resource scarcity for economic growth and human well-being. Scarcity and Growth Revisited examines these implications with 25 years of new learning and experience. It finds that concerns about resource scarcity have changed in essential ways. In contrast with the earlier preoccupation with the adequacy of fuel, mineral, and agricultural resources and the efficiency by which they are allocated, the greatest concern today is about the Earth‘s limited capacity to handle the environmental consequences of resource extraction and use. Opinion among scholars is divided on the ability of technological innovation to ameliorate this 'new scarcity.' However, even the book‘s more optimistic authors agree that the problems will not be successfully overcome without significant advances in the legal, financial, and other social institutions that protect the environment and support technical innovation. Scarcity and Growth Revisited incorporates expert perspectives from the physical and life sciences, as well as economics. It includes issues confronting the developing world as well as industrialized societies. The book begins with a review of the debate about scarcity and economic growth and a review of current assessments of natural resource availability and consumption. The twelve chapters that follow provide an accessible, lively, and authoritative update to an enduring-but changing-debate.
Book Synopsis Natural Resources and Economic Development by : Edward B. Barbier
Download or read book Natural Resources and Economic Development written by Edward B. Barbier and published by Cambridge University Press. This book was released on 2019-09-19 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of this landmark book explores how natural resources contribute to development in poor economies.
Book Synopsis Flourishing Within Limits to Growth by : Sven Erik Jørgensen
Download or read book Flourishing Within Limits to Growth written by Sven Erik Jørgensen and published by Routledge. This book was released on 2015-07-03 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decades of research and discussion have shown that the human population growth and our increased consumption of natural resources cannot continue – there are limits to growth. This volume demonstrates how we might modify and revise our economic systems using nature as a model. The book describes how nature uses three growth forms: biomass, information, and networks, resulting in improved overall ecosystem functioning and co-development. As biomass growth is limited by available resources, nature uses the two other growth forms to achieve higher resource use efficiency. Through a universal application of the three ‘R’s: reduce, reuse, and recycle, nature thus shows us a way forward towards better solutions. However, our current approach, dominated by short-term economic thinking, inhibits full utilization of the three ‘R’s and other successful approaches from nature. Building on ecological principles, the authors present a global model and futures scenario analyses which show that implementation of the proposed changes will lead to a win-win situation. In other words, we can learn from nature how to develop a society that can flourish within the limits to growth with better conditions for prosperity and well-being.
Book Synopsis Physical Limits to Economic Growth by : Roberto Burlando
Download or read book Physical Limits to Economic Growth written by Roberto Burlando and published by Routledge. This book was released on 2017-12-22 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The debate on the physical limits and constraints to the economic growth of globalized society is now widespread. This book explores the physical and economic aspects of the conflict between humans, with their thoughtless focus on growth through material production, and environmental constraints. In the context of the looming shortage of material resources and the latest science on climate change, Physical Limits to Economic Growth offers new insights which provide a broad and comprehensive picture of the conflict between humans and environmental constraints. The authors’ approach goes beyond the boundaries of specialized disciplines to explore climate change, resource depletion, technical innovation and the interactions between these within the socio-economic-institutional systems we live in. This volume looks at opportunities for rethinking these systems if we moved away from fossil fuel dependence, while considering the status of current mainstream economic thinking around this subject. Physical Limits to Economic Growth provides a genuine interdisciplinary examination of the physical limits to economic growth. It will be of interest to both students and academics in various disciplines in the areas of natural sciences, climate change and economics.
Book Synopsis Beyond Uneconomic Growth by : Joshua Farley
Download or read book Beyond Uneconomic Growth written by Joshua Farley and published by Edward Elgar Publishing. This book was released on 2016-06-29 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This engaging book brings together leading ecological economists to collectively present a definitive case for looking beyond economic growth as the sole panacea for the world's ecological predicament. Grounded in physics, ecology, and the science of human behavior, contributors show how economic growth itself has become "uneconomic" and adds to a ravaging of both social and ecological cohesion.
Download or read book Supply Shock written by Brian Czech and published by New Society Publishers. This book was released on 2013-04-26 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy. Starting with a refreshingly accessible, comprehensive critique of economic growth, the author engages readers in an enormous topic that affects everyone in every country. Publisher's Weekly favorably compared Czech to Carl Sagan for popularizing their difficult subjects; Supply Shock shows why. Czech presents a compelling alternative to growth based on keen scientific, economic, and political insights including: The "trophic theory of money" The overlooked source of technological progress that prevents us from reconciling growth and environmental protection Bold yet practical policies for establishing a steady state economy. Supply Shock leaves no doubt that the biggest idea of the 20th century – economic growth – has become the biggest problem of the 21st. Required reading for anyone concerned about the world our children and grandchildren will inherit, this landmark work lays a solid foundation for a new economic model, perhaps in time for preventing global catastrophes; certainly in time for lessening the damages.
