Sustainable Economic Development
Resources, Environment, and Institutions

Coordinators: Balisacan Arsenio, Chakravorty Ujjayant, Ravago Majah-Leah

Language: English
Cover of the book Sustainable Economic Development

Subject for Sustainable Economic Development

Keywords

Agricultural R&D; Agricultural development policy; Agricultural organization; Agricultural policy; Agriculture markets and trade; Black-hole economics; Case studies; Catastrophes; Climate change; Climate targets; Commercial agriculture in Africa; Complex systems; Confiscation; Conjunctive use; Consumption subsidy; Corruption; Crop insurance; Deaths; Development policy; Disasters; Drought; Drought tolerance; Dynamic efficiency; Dynamic optimization; Economic growth; Economics of cooperation; Economy and environment; Efficiency cost; Energy; Energy markets; Entry and participation in agricultural markets; Environmental regulation; Export taxation; Farm subsidies; Farmer decision-making; Farmer protection; Food price spikes; Food security; Food self-sufficiency; General equilibrium; Gisser-Sánchez effect; Governance; Governance beyond governments; Green subsidy; Groundwater; Growth; Human development; Illicit economy; Import restrictions; Income transfer; Index insurance; Industrial development; Industrial policy and agriculture; Institutions; Institutions and governance; Insurance; Intergenerational equity; Intertemporal welfare; Irrigation; Kiawe; Land; Land governance; Large-scale farms; Limited-access order; Maize farming; Marginal user cost; Mekong economies; Moral hazard; Narco-nation; Natural capital; Natural resources; Natural state; Networks; New institutional economics; Nonrenewable resources; Open-access order; Optimum price; Pearce equation; Philippines; Political economy; Poverty; Poverty incidence; Poverty reduction; Private investment in agriculture in Africa; Production specialization; Productivity; Property; Property rights; Prosopis pallida; Public-private coordination; Reconstruction; Reforestation; Regional integration; Renewable resources; Rent-seeking; Research sponsorship; Resource boom; Resource management; Resource policy; Revolution

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532 p. · 19x23.3 cm · Hardback

Sustainable Economic Development: Resources, Environment, and Institutions presents 25 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs.The book begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges.

I. Introduction and Synthesis

1. Principles and Practice of Sustainable Development Analysis: Overview and Synthesis 2. Reflections on the Foundations of Development Policy Analysis

II. Resources, Environment and Sustainable Development 3. Scarcity, Security and Sustainable Development 4. The Economics of Fossil Fuels and Pollution 5. Groundwater Economics 6. Optimal Joint Management of Interdependent Resources: Groundwater vs. Kiawe (Prosopis pallida) 7. Win-Win Solutions for Restoration and Maize Farming: A Case Study of Nan, Thailand

III. Institutions, Governance and Political Economy

8. The Role of Institutions in Natural Resource Use 9. Public Choice and the Generalized Resource Curse 10. Governance beyond Governments: A Multi-stakeholder Approach to Inclusive Commercial Agriculture in Africa 11. Land Confiscations and Land Reform in Natural-Order States 12. Regional Integration and Illicit Economy in Fragile Nations: Perspectives from Afghanistan and Myanmar 13. Corruption, Transactions Costs and Network Relationships: Governance Challenges for Thailand

IV. The Nature, Causes, and Consequences of Agricultural Development Policy

14. The Role of Agricultural Economists in Sustaining Bad Programs 15. Agricultural R&D Policy and Long-Run Food Security 16. Energy and Agriculture: Evolving Dynamics and Future Implications 17. Trends and Fluctuations in Agricultural Price Distortions 18. Getting the Price of Thai Rice Right: Episode II 19. Philippine Rice Self-sufficiency Program: Pitfalls and Remedies 20. Production Specialization and Market Participation of Smallholder Agricultural Households in Developing Countries

V. Development, Vulnerability and Poverty Reduction 21. Deviant Behavior: A Century of Philippine Industrialization 22. Bundling Drought Tolerance and Index Insurance to Reduce Rural Household Vulnerability to Drought

23. Have Natural Disasters Become Deadlier? 24. The Growth-Poverty Nexus: Multidimensional Poverty in the Philippines 25. Poverty Reduction and the Composition of Growth in the Mekong Economies

Upper-division undergraduates, graduate students, and professionals worldwide working on risk, resource, and policy issues concerned with sustainable development.
Arsenio Balisacan is a Professor of Economics at the UP School of Economics (on secondment) and Secretary of Socioeconomic Planning in the Cabinet of President Benigno S. Aquino III, Republic of the Philippines.
Ujjayant Chakravorty is Professor of Economics at Tufts University and Fellow at the Toulouse School of Economics and CESifo.
Majah-Leah V. Ravago is Assistant Professor and currently Director for Research at the UP School of Economics.
  • Analyzes policies that move markets and resource use patterns towards achieving sustainability
  • Articles are kaleidoscopic in scope and creativity
  • Authors embody extraordinary diversity and qualifications