NOW AVAILABLE!
Sustainable Growth and Resource Productivity: Economic and Global
Policy Issues
Edited by Raimund Bleischwitz, Paul J.J. Welfens and ZhongXiang Zhang
360+vi pp | 234 x 156 mm | hardrback | ISBN 978-1-906093-28-0 |
Published 10 September 2009
List price: GBP40.00 EUR50.00 USD65.00
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Why are resources back on the agenda? "Sustainable Growth and Resource
Productivity: Economic and Global Policy Issues" tells us why.
Published on 10 September 2009, this new title is a comprehensive
overview of global issues of raw materials supply and resource use.
Order your copy online and receive 10% discount.
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List price: GBP40.00 / EUR50.00 / USD65.00. Online price: GBP36.00 /
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Written by international experts in their respective fields,
"Sustainable Growth and Resource Productivity" provides a
comprehensive overview of global issues of raw materials supply and
resource use. It also introduces new views and perspectives on the
sustainable growth of emerging economies and develops a rationale for
a new resource economics.
This book emphasises why resources are back on the agenda: firstly,
because of their fundamental economic role in technological progress
and long-term prosperity; secondly, because deficits in raw material
markets are now intertwined with deficits in the financial markets;
and, thirdly, because the sustainable management of natural resources
is a crucial element in responses to new global challenges such as
climate change.
"Sustainable Growth and Resource Productivity" analyses raw materials
supply and resource use in a global context. The contributions present
state-of-the-art results and perspectives on the availability of
resources and discuss factors such as limited supply, demand from
emerging and other economies and the critical shortage of some
materials – particularly some metals – that are essential inputs in
many high-tech processes and may put certain industries at risk.
"Sustainable Growth and Resource Productivity" sheds new light on the
economics of sustainable growth. Linking the current financial crisis
with stock market pricing and innovation dynamics, it argues for
reforms in international macro-economic policies. It also critically
discusses the implications of valuing labour productivity over capital
and resource productivity and argues that policies favouring capital
productivity will increase both social and economic sustainability.
Further contributions are made on the business dimensions of material
efficiency as well as on policy recommendations.
The book examines the overall empirical trend towards decoupling
resource use from economic growth. It undertakes a rigorous cross-
country comparison and looks in more detail at the cases of Finland
and Greece, as well as at emerging economies and their role in the
global governance of natural resources. A key focus is placed on
China, with discussion of recent findings regarding Chinese domestic
policy on energy, climate and resources as well as on developing
Chinese foreign policy in Africa.
The book concludes with the positing of a new theory of resource
economics: an emerging sub-discipline that puts resources at its heart
but clearly aligns with other fields of economics, and transcends the
borderlines of geology, geography, material science, recycling and
waste, as well as elements of other social sciences.
This important new book will be essential reading for economic
researchers, governmental officials, businesses and NGOs with an
interest in understanding the policy links to sustainable growth and
in learning more about the emerging field of resource productivity.
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CONTENTS
Introduction
Raimund Bleischwitz, Wuppertal Institute, Germany, Paul J.J. Welfens,
European Institute for International Economic Relations, Wuppertal
(EIIW) and University of Wuppertal, Germany, and ZhongXiang Zhang,
East-West Center, Honolulu, USA
Part I: Raw materials supply and resource use from a global perspective
1 Will the mining industry meet the global need for metals?
Magnus Ericsson, Raw Materials Group (RMG), Stockholm, Sweden
2 Global resource use in a business-as-usual world up to 2030: updated
results from the GINFORS model
Christian Lutz, Gesellschaft fuer Wirtschaftliche Strukturforschung
(GWS), Osnabrueck, Germany, and Stefan Giljum, Sustainable Europe
Research Institute (SERI), Vienna, Austria
3 Development and growth in mineral-rich countries
Thorvaldur Gylfason, University of Iceland, CEPR, and CESifo, Iceland
4 The physical dimension of international trade, 1962-2005: empirical
findings and tentative conclusions
Monika Dittrich, University of Cologne and Wuppertal Institute, Germany
5 Defining critical materials
Thomas E. Graedel, School of Forestry and Environmental Studies, Yale
University, USA
Part II: The economics of resources and sustainable growth
6 Explaining oil price dynamics
Paul J.J. Welfens, European Institute for International Economic
Relations, Wuppertal (EIIW) and University of Wuppertal, Germany
7 Technological catch-up or resource rents? A production frontier
approach to growth accounting
Natalia Merkina, Department of Economics, University of Oslo, Norway
8 Socio-ecological market economy in Europe: interrelations between
resource, labour and capital productivity
Erich Hoedl, European Academy of Science and Arts, Austria
9 Why do companies ignore economic efficiency potentials? The need for
public efficiency awareness
Mario Schmidt, Pforzheim University of Applied Sciences, Germany
Part III: Empirical analysis of resource productivity: trends and
drivers
10 Decoupling GDP from resource use, resource productivity and
competitiveness: a cross-country comparison
Soeren Steger and Raimund Bleischwitz, Wuppertal Institute, Germany
11 Anxiety and technological change: explaining the decline of sulphur
dioxide emissions in Finland since 1950
Jan Kunnas, European University Institute, Italy, and Timo Myllyntaus,
University of Turku, Turun yliopisto, Finland
12 Greece's fossil fuel use in 2006: a production, consumption and
supply-chain analysis
Eleni Papathanasopoulou, Sustainable Solutions Greece
Part IV: Global policy issues
13 China and India's global demand for resources: key inferences on
international energy security and Africa's development
Jennifer Li, Foundation for Environmental Security and Sustainability,
Falls Church (VA) and US Environmental Protection Agency, Washington, DC
14 Asian energy and environmental policy: promoting growth while
preserving the environment
ZhongXiang Zhang, East-West Center, Honolulu, USA
15 The rationale for and economic implications of dematerialisation
Paul Ekins, King's College, London, UK
Conclusions: towards a new resource economics
Raimund Bleischwitz, Wuppertal Institute, Germany, Paul J.J. Welfens,
European Institute for International Economic Relations, Wuppertal
(EIIW) and University of Wuppertal, Germany, and ZhongXiang Zhang,
East-West Center, Honolulu, USA
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