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Economics of Evironmental Conservation,
Second Edition
Economics of
Environmental
Conservation, Second
Edition
Clement A. Tisdell
Professor of Economics, School of Economics, The University
of Queensland, Australia
Edward Elgar
Cheltenham, UK • Northampton, MA, USA
© Clement A. Tisdell 2005
All rights reserved. No part of this publication may be reproduced, stored in a
retrieval system or transmitted in any form or by any means, electronic,
mechanical or photocopying, recording, or otherwise without the prior
permission of the publisher.
Published by
Edward Elgar Publishing Limited
Glensanda House
Montpellier Parade
Cheltenham
Glos GL50 1UA
UK
Edward Elgar Publishing, Inc.
136 West Street
Suite 202
Northampton
Massachusetts 01060
USA
A catalogue record for this book
is available from the British Library
ISBN 1 84376 614 0 (cased)
Printed and bound in Great Britain by MPG Books Ltd, Bodmin, Cornwall
Contents
List of
fi
gures
x
List of tables
xv
Preface to the second edition
xvi
Preface to the
rst edition
xviii
1. Economics and the living environment
1
1.1
Introduction
1
1.2
Welfare economics, environment and the biosphere
2
1.3
Ethics, values and environmental economics:
alternative views
7
1.4
Economic growth, dynamics, uncertainty and the
environment: di
ff
ering views
12
1.5
Uncertainty, welfare and environmental issues
19
1.6
Conclusion
20
2. Global conservation strategies and concerns
25
2.1
Introduction
25
2.2
A classi
fi
cation of conservation policies
26
2.3
The
World Conservation Strategy
and
Caring for the
Earth
: origins, aims and basic principles
30
2.4
Ecological processes and life-support systems:
agriculture, forests, marine and freshwater systems
33
2.5
Preservation of genetic diversity
38
2.6
Sustainable utilisation of species and ecosystems
41
2.7
erences between
Caring for the Earth
and the
World Conservation Strategy
fi
cant di
ff
44
2.8
International conservation concerns and priorities
47
2.9
Concluding comments
49
3. Markets and government intervention in environmental
conservation
52
3.1
Introduction – choices about resource use and
conservation
52
3.2
Market e
ciency and externalities
56
3.3
Government policies ‘to correct’ for externalities
65
v
fi
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