Swanson's book provides a good framework for understanding the extinction process in deeper socio-economic terms, and for evaluating some of the suggestions that have been made to arrest the decline. I am sure it will be of great interest to environmental economists working in this area.' - A. Markandya, Harvard Institute for International Development 'Tim Swanson's International Regulation of Extinction is the most important work on biodiversity to appear for many years. It should cause all concerned, environmentalists, economists, governments, regulators, international agencies to think again. They have misunderstood the causes of extinction, and have misdirected many of their policies as a result. Tim Swanson's work will spawn a whole new era of research. Most importantly, it can help save the world's biodiversity.' - Professor David Pearce, Director, CSERGE, University College London The book presents an economic analysis of the forces contributing to the global decline of biological diversity, and the policies available to control extinctions. The first part of the volume sets forth a revised economic theory of extinction, incorporating the terrestrial and institutional constraints on maintaining existing diversity. It analyses the existing conflicts between human development and biological diversity, entailing an application of the economic theory of learning-by-doing and global nonconvexities. The second half of the volume demonstrates the inefficiency of decentralised (multinational) regulation of biological diversity, and develops the range of approaches available in a global (international) approach to the resource. The policies analysed include transferable development rights, wildlife trade regimes, and intellectual property rights. The book concludes with a proposed agenda for the specification of the framework convention on biological diversity adopted at UNCED in Rio de Janeiro.
At the Rio Earth Summit in 1992, the nations of the world adopted the convention on Biological Diversity. Since then, over 160 countries have ratified the Convention, three Conferences of the Parties have taken place and a permanent secretariat has been established. Despite this, there remains a lot of uncertainty and even more controversy about what the Convention was intended to accomplish and how it was to do so. This book, published in association with the IUCN - The World Conservation Union, sets out to answer some of these questions by recounting the history of the movements leading up to the Convention, but especially by analysing the forces giving rise to the problem. It provides a specific set of policy prescriptions intended to facilitate the development of institutions and obligations within the international community which will give real effect to the aspirations of the Convention, and the ensure that it has some real effect at ground level. The author begins with an overview of the issues and then develops the basic nature of the problems within a bio-economic framework. He highlights the gaps in the Convention which remain to be filled, offers detailed explanations of the concepts involved and describes the nature of the solutions required. Thus he sets out a detailed plan for global action in support of an effective international convention for the conservation of biological diversity. The book is an excellent introduction to a very topical debate, and a valuable reference point for conservationists, policy makers and students of development studies, environmental studies, environmental policy and conservation biology.
Ivory is big business, and in some parts of Africa elephants have been hunted almost to extinction in the quest for it. The losses to African economies have been catastrophic. Now there is an international ban on the trade and conservation is. the principal goal. This should be a matter for rejoicing, but nothing is quite so simple. The authors of this book have looked at the overall statistics, including those for countries where the elephant population is stable. They have considered the multiplicity of economic and social functions fulfilled by ensuring that elephant herds survive, tourism, a variety of ecological purpose. and, finally, as a source of ivory. They show how the careful management of elephants as a resource can best serve African interests. This book is at the cutting edge of economic thinking and provides a model for the consideration of the difficult relationship between people and wildlife. Originally published in 19990
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