Chances and Possibilities of Ecological Economy
|Author:||Mgr. Milan Ščasný|
|Year:||1997 - summer|
|Leaders:|| † prof. Ing. Luděk Urban CSc., Jean Monnet Professor
|Work type:|| Economic Policy
|Awards and prizes:||Josef Vavroušek Award|
|Abstract:||Human being position in the nature and borders of rationality and science play a key role while interlinkages between the economy and the environment are discussed. The introduction discusses those problems on the background of ethics and philosophy. Second chapter discusses environmental problems and the market role and limits for. Mainstream economic theory is stated in front of critical analysis in particular. Third chapter focuses on problems related with valuation of natural resources. Limits and possibilities for such kind of valuation are discussed properly. Special attention is paid to cost-benefit analysis and problems related with discounting of future flows. Sustainable rules for renewable and non-renewable natural resource extraction are presented. Forth chapter discusses problems of economic growth and sustainability -- measurement of national income, role of HDP measure, national accounting problems and alternative approaches incorporating environmental phenomena. Fifth chapter discusses problems of pollution. Tradable permits and environmental taxes and charges are discussed in particular.
At present time (2004), the author cannot agree with some his ideas originally included in his diploma thesis. Therefore, the author cannot either recommend to a potential reader to follow his/her further research or investigation on this work, and rather to recommend to explore more contemporary works, that already includes more new theoretical and empirical findings discussed in more depth.
ecological economics, sustainable development, resource valuation, pollution
|Downloadable:|| Diploma Thesis - Ščasný