Economics Of The Generation And Management Of Municipal Solid Waste

This paper examines the generation and management of solid waste (MSW) through the lens of economics. We estimate that the global burden of MSW amounted to 1.3 billion metric tons in 1990, or 0.67 kilograms of waste per person per day. Industrial countries account for a disproportionate share of world MSW relative to their share of world population, while developing countries account for a disproportionate share of the world's MSW relative to their share of world income. Cross-country and time-series analyses reveal that MSW generation is positively associated but inelastic with respect to per capita income, and positively associated and unit elastic with respect to population size. Practices for collecting, processing, and disposing of MSW vary widely across countries in accord with the nature of the waste stream and key features of the environmental and economic context. However the least efficient practices tend to be found in developing countries, where MSW poses serious environmental quality and public health threats. Although considerable evidence indicates that the generation and management of MSW is sensitive to income and price variables, natural incentives to overuse common property and the presence of intergenerational externalities both suggest that private economic behavior will not yield socially optimal outcomes in this area. Community intervention may thereby promote the social good, with evidence accumulating that favors arrangements involving the of private firms. The cost of MSW management is likely to grow faster than the pace of urbanization if urbanization outpaces the development of transportation infrastructures. Our calculations also suggest that improvements in the handling of hazardous MSW will be far less expensive in discounted terms than undoing in the future the damage being caused by current practices.

The market of municipal solid waste (MSW) collection and disposal has changed substantially over the past thirty years. This study will help guide both newcomers and past contributors through the fundamental aspects of policies designed to reduce the external costs of MSW collection, and the important empirical relationships that, in the end, govern the selection of MSW policies. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty-five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.

The Workshop held by OECD in October 2003, in Paris, France, brought together leading experts to take stock of “the state of the art" on the economics of waste and to help select topics on which the OECD could usefully do additional work. The book ...

Rapid population growth, high standards of living, and technological development are constantly increasing the diversity and quantity of solid waste. The production of solid municipal waste associated with the high proportion of organic waste and its improper disposal lead to considerable environmental pollution due to the emission of greenhouse gases such as methane, carbon dioxide, etc. In such a challenging environment, municipal authorities need to develop more effective solutions to manage the growing urban solid waste. Most of the municipal solid waste mainly constitutes degradable materials, which represent a significant role in greenhouse gas emissions in urban localities. Integrated solid waste management approaches must be developed and improved to manage the increasing organic fractions of municipal solid waste, which helps to reduce greenhouse emissions with potential economic benefits. A sustainable management of municipal solid waste systems constitutes a promising and attractive trend to study current consumption behaviors responsible for waste generation, and to protect the global ecosystem. This book presents the management of municipal of solid waste, including recycling and landfill technologies. Moreover, composition and types of waste will be investigated. As a result, the most appropriate and feasible scenarios for the management of municipal solid waste are presented to provide the respected readership with the scientific background for sustainable development in these processes, which are increasingly supported by innovative methodologies for holistic assessment of process sustainability.

Currently, the management of solid waste represents a major economic and environmental issue throughout the world. Trends in waste generation show an increase in the volumes of waste produced in most countries and it is clear that the trend will continue. The treatment and disposal of solid waste involves a range of processes including landfill, incineration and composting, all of which may result in emissions to the environment. Municipal investments are said to be highly capital-intensive. As a result, every investment needs to be preceded by the economic analysis which allows for the estimation of the effectiveness of the investment. Investments are made to make profits and to increase savings. This book presents current research in the study of municipal solid waste, with a particular focus on recycling and cost effectiveness.

The world is currently experiencing increased environmental contamination with solid waste, which is one of the greatest environmental threats today. Although solid waste is harmful, proper management and profitable recycling can make it beneficial to the environment. In this regard, estimation of the true quantities of solid wastes generated annually in developed and developing countries is important for evaluating suitable strategies for economic and sustainable procedures of waste management. This book presents an interesting review of the economics of solid waste management in various developing and developed countries. It examines several economic applications of solid waste, such as innovative methods to generate bioelectricity from organic waste using microbial fuel cells and using solid waste as an alternative fuel in cement kilns.