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Economic Values and the Environment in the Developing World
This important new book is an extensive, yet concise overview which critically surveys the application of economic valuation techniques to environmental problems in less developed countries.
The authors argue that economic valuation has just as important a role to play in the developing as in the developed world in valuing environmental resources and change. Additionally, the information which such techniques provide is invaluable when helping to devise sound environmental policies. The book demonstrates that economic valuation is of extreme importance in raising the profile of the environmental aspects of development initiatives and policies, and that the application of economic valuation is both widespread and successful in developing countries.
This book will be essential reading for professional environmental economists, particularly those working in the developing world, project appraisal analysts, policymakers in development organizations and graduate students of development and environmental economics.
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What Reviewers Are Saying
`This collection is an extensive, yet concise, overview that critically surveys the application of economic valuation techniques to environmental problems in less developed countries.' -- Public Administration, Development, and Environment `. . . I suspect that this book does provide a useful service to policy makers and others who are interested in valuation, but who have very little formal training in environmental economics. . . this book's contribution lies in the fact that it does contain a fairly comprehensive bibliography of materials related to economic valuation.' -- Amitrajeet A. Batabyal, Kyklos `They [the authors] provide a brief, but informative and accessible overview of economic valuation methodology and then illustrate this with a number of detailed developing-country case studies. This is supported by a comprehensive and up-to-date annotated bibliography of case studies on valuation in developing countries.' -- Joanne C. Burgess, University of York, UK `The book has suceeded in demonstrating the utility of environmental evaluation techniques in the context of the developing countries in a clear and concise maner.' -- S. Mohan, Journal of Scientific and Industrial Research