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Many of the more radical green economists split off to work on an alternate political economy. Environmental economics was a major influence on the theories of natural capitalism and environmental finance, which could be said to be two sub-branches of environmental economics concerned with resource conservation in production, and the value of ...
Various competing schools of thought exist in the field. Some are close to resource and environmental economics while others are far more heterodox in outlook. An example of the latter is the European Society for Ecological Economics. An example of the former is the Swedish Beijer International Institute of Ecological Economics.
A green economy is an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. [ 1 ] [ 2 ] [ 3 ] It is closely related with ecological economics , but has a more politically applied focus.
The economics and policy area focuses on the human aspects of environmental problems. Traditional areas of environmental and natural resource economics include welfare theory, land/location use, pollution control, resource extraction, and non-market valuation, and also resource exhaustibility, [ 5 ] sustainability , environmental management ...
The environmental Kuznets curve (EKC) is a hypothesized relationship between environmental quality and economic development: [16] various indicators of environmental degradation tend to get worse as modern economic growth occurs until average income reaches a certain point over the course of development.
Economic geography takes a variety of approaches to many different topics, including the location of industries, economies of agglomeration (also known as "linkages"), transportation, international trade, development, real estate, gentrification, ethnic economies, gendered economies, core-periphery theory, the economics of urban form, the ...
The era of the knowledge economy is giving way to a new paradigm where relationships hold the key to success, according to LinkedIn’s chief economist, Karin Kimbrough.
But environmental effects on political and economic processes were under-emphasised. [14] Conversely, Julian Steward and Roy Rappaport's theories of cultural ecology are sometimes credited with shifting the functionalist-oriented anthropology of the 1950s and 1960s and incorporating ecology and environment into ethnographic study. [17]