This revised and updated guide to the environmental economics of development projects demonstrates how the environmental impacts of projects can be translated into monetary values. The theoretical bases are examined, and the techniques themselves given detailed exposition, supported by extensive case studies illustrating a wide range of applications. The text should become a useful complement to all standard forms of project analysis.
Table of Contents
Part I, From Theory to Practice: Development, Environment and the Role of Economic Analysis * Assessing Impacts and Setting Priorities * Economic Measurement of Environmental Impacts - Theoretical Basis and Practical Applications * Generally Applicable Techniques of Valuing Environmental Impacts * Selectively Applicable Techniques of Valuing Impacts * Potentially Applicable Techniques of Valuing Environmental Impacts * The Limits to Economic Measurement of Environmental Impacts * Part II, Case Studies: Nepal Hill Forest Development Project * Mangrove Valuation in Bintuni Bay, Irian Jaya, Indonesia * Estimating the Health Impact of Air Pollution: Methodology and Application to Jakarta * Benefits and Costs of Soil Conservation in the Loess Plateau of China * Tongonan Geothermal Power Plant, Leyte, Philippines * The Benefits and Costs of Establishing a National Park in Madagascar * An Economic and Ecological Analysis of the Bonaire Marine Park * Willingness to Pay for Improved Water Supplies in Onitsha, Nigeria * Setting Priorities in Central and Eastern Europe * References * Index
John A. Dixon, Principal Environmental Economist with the World Bank Environment Department, is widely published on the topics of applied economic analysis of environmental impacts and natural resources management. Formerly with the Environment and Policy Institute of the East-West Centre, Honolulu, he holds a Ph.D. in economics and has extensive field experience in Asia and Latin America. Louise Fallon Scura, Natural Resources Management Specialist with the World Bank Environment Department, specializes in economic analysis of natural resource and environmental impacts, natural resource management and coastal zone management, and has significant practical experience in Asia, Africa and the Americas. She has a Ph.D. in agricultural and resource economics, a B.S. in environmental sciences and aquaculture, and worked as a biologist before switching to economics. Richard A. Carpenter, formerly a research Associate at the Environment and Policy Institute of the East-West Center, Honolulu, is an independent consultant based in Virginia. He has a master's degree in chemistry and specializes in environmental assessment. Paul B. Sherman, formerly with the East-West Center Environment and Policy Institute and the State of Hawaii Department of Business, Economic Development and Tourism, obtained a Ph. D. in economics and a master's degree in environmental management. His work focused on applied economic valuation, and economics of protected areas and drylands management.