Economics And The Global Environment

A path-breaking, comprehensive analysis of how economic and environmental systems mesh in the international context.

Global growth, in particular high economic growth rates, implies a fast depletion of resources. Thus, this book deals with the impact on the environment and the effect of the exhaustive use of natural resources on economic growth and welfare of market economies.

This is the first book combining research on the Global Environment, Catastrophic Risks and Economic Theory and Policy. Modern economic theory originated in the middle of the twentieth century when industrial expansion coupled with population growth led to a voracious use of natural resources and global environmental concerns. It is uncontested that, for the first time in recorded history, humans dominate the planet, changing the planet's atmosphere, its bodies of water, and the complex web of species that makes life on earth. This radical change in circumstances led to rethinking of the foundations of human organization and, in particular, the industrial economy and the economic theory behind it. This book brings together new approaches on multiple levels: environmental sustainability requires rethinking in terms of economic theory and policy as well as the considerations of catastrophic risk and extremal events. Leading experts address questions of economic governance, risk management, policy decision making and distribution across time and space.

Note: If you are purchasing an electronic version, MyEconLab does not come automatically packaged with it. To purchase MyEconLab, please visit www.MyEconLab.com or you can purchase a package of the physical text and MyEconLab by searching for ISBN 10: 0321931203 / ISBN 13: 9780321931207. Thoroughly updated, intuitive rather than technical, grounded in data and empirical evidence, extensively illustrated with well-chosen examples and photographs, enlivened with applications that focus on issues at play in today’s world, focused on learning-by- doing, and seamlessly integrated with MyEconLab. These are the hallmarks of this ninth edition of Economics: Canada in the Global Environment.

Frederick Guy's The Global Environment of Business offers a multi-dimensional analysis of the environment in which international business operates. International: How do multi-national corporations, nation states, regional trade blocs, markets, and global institutions interact to shape the international economic system? Who wins and who loses when the economy internationalizes? Is internationalization leading to a global world, or a regional one? How will efforts to curtail and adapt to climate change affect international business? Technological and historical: How has the business environment been shaped by production systems, new methods of business organization, information and communication technology, transport, and the process of technological change itself? Comparative: How do institutional differences affect national specialization and economic performance? How do the business systems of Europe differ from that of the United States, or those of East Asia from those of Latin America? Why do location and face-to-face contact matter in an age of high-speed communication and cheap long-distance transportation? Why have some countries grown so fast while others remain poor? The Global Environment of Business draws on extensive research by economists, political scientists, sociologists, geographers, and business historians. There is more theory and academic debate here than in most books on the subject, but it is presented and explained clearly, and illustrated with lots of examples

Globalization is often discussed in terms of its ecological ramifications. Yet, while ecological imbalance is today one of the greatest threats to mankind, globalization is also a reality that is here to stay. The volume, therefore, seeks to address how globalizing and environmental interests can be reconciled. The essays in this volume state that globalization can work both in favour of and against the environment. The major issues discussed in this topical volume are, how globalization can be used to promote environmental reforms; the role of individuals, private organizations and governments in keeping environmental degradation in check and in promoting environmental reform; globalization and ecological inequality; women, the environment and globalization; changing nature of environmental movements; overpopulation and the ecology; the relation between the ecology and the economy; and the effects of global climate changes.

The international community is increasingly confronted with global environmental problems, which lead to distributional conflicts, unresolved equity issues and asymmetric distribution of the costs and benefits of environmental policy. The complexity of such problems requires the development of an international institutional framework, capable of coping with the long-run international aspects of global environmental change. This book analyses some of the difficulties in the construction of such a framework and offers suggestions on how they might be overcome. The contributions in The Economics of Global Environmental Change address international trade, land-use change, biodiversity preservation, the management of water resources and the composition of water-related conflicts, global warming and strategic aspects of international environmental agreements. This book provides an in-depth insight to the current state-of-the-art for both economists and non-economists interested in global environmental change. It will also be of great interest to those wanting an introduction to the economic perspective of an increasingly relevant environmental core problem, as well as to students and researchers in political science.