Global Environmental Economics: Equity and the Limits to Markets

The work also illustrates that new developments in social choice theory offer a better foundation than traditional welfare economics.

Table of Contents:
Preface. Introduction. Part I: Rights, Preferences and Well-Being. 1. The Economics of Well-Being: A Review of Post Welfarist Economics. (Mohammed Dore). 2. Bequeathing Hazards: Security Rights and Property Rights of Future Humans. (Henry Shue). 3. Non-Use Values and the Limits of Cost Benefit Analysis. (Marc Willinger). Part II: Equity and Environmental Options. 4. Environmental Uncertainty and Future Generations. (Vercelli). 5. Environmental Option Values: A Critical Assessment. (Marcello Basili and Alexandro Vercelli). 6. Risk and Uncertainty in Environmental Policy Evaluation. (Tony Ward). Part III: Population and the Environment. 7. The Dynamics of Socio-Environmental Change and the Limits of Neo-Malthusian Environmentalism. (Peter Taylor and Raúl García-Barrios). 8. Population Growth and the State: Reconciling Private Wants and the Public Interest. (Paul Demeny). Part IV: After RIO: Global Action on Equity and the Environment. 9. Greenhouse Negotiations and the Mirage of Partial Justice. (Erik Schokkaert and Johan Eyckmans). 10. Market-Structuring Regulation and the Ozone Regime: Politics of the Montreal Protocol. (Ronald Herring). 11. Lessons from the Earth Summit: Protecting and Managing Biodiversity in the Tropics (P. S. Ramakrishnan). Part V: Sectoral Studies of Equity and the Environment. 12. Industrial and Resource Location, Trade and Pollution. (Duane Chapman and Jean Agras and Vivek Suri). 13. Sharing Common Property Resources: The North Atlantic Cod Fishery. (Daniel Gordon and K. K. Klein). 14. Redirecting Energy Policy in the USA to Address Global Warming. (Tim Mount). Epilogue. Reference.

About the Author :
Mohammed Dore, a co-editor of this volume, did his doctoral studies at Oxford University. He is Professor of Economics at Brock University and has published three other books and a number of articles. His current research interests are global environmental change and its distributional consequences on the rich and the poor. He leads an Inter-American team of researchers from South, Central and North America on the role of forests in mitigating global warming. His research has been funded by the Social Sciences and Humanities Research Council of Canada, the National Science Foundation of the USA, the Inter American Institute of Global Change Research (which is now based in Brazil) and also the National Science Foundation of Brazil. He is also a member of NEPAMA, an international consortium of research, based at the University of Brasilia. Tim Mount received his PhD from the University of California, Berkeley (1970). His research and teaching interests are econometric modeling and policy analysis relating to the demand for fuels and electricity and to environmental policies. Currently, research is being conducted on the implications for long-run planning of incorporating the costs of environmental damage from emissions of sulfur dioxide, nitrogen oxides and carbon dioxide, and the selection of economically efficient strategies for meeting ozone standards and stabilizing emissions of greenhouse gases.

Review :
"After reconnecting neo-classical economic theory to moral philosophy, these essays systematically describe the real challenges of global environmental economics and politics in a world of future uncertainties. Putting equity - intranational, transnational and intergenerational - at the center of analyses does not make the answers easier, but it does make their pursuit realistic and potential application more effective." Richard B. Norgaard, Professor of Energy and Resources and of Agricultural and Resource Economics, University of California, Berkeley "This volume makes a valuable contribution to the literature by providing a unified theoretical background to the topic in addition to specific representative applications. The presentation of both vertical and horizontal equity is unique in that this volume pulls together ideas that lead to the recognition that one form of equity cannot generally be addressed in isolation from the other. The over-riding strength is the direct approach taken to a complex and controversial issue. The argument that equity is, and should be, a determining factor in how we address global environmental issues is clearly expressed and well-supported on both theoretical and applied bases." Jane V. Hall, Professor of Economics, California State University, Fullerton