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Halting Degradation of Natural ResourcesIs There a Role for Rural Communities?$
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Jean-Marie Baland and Jean-Philippe Platteau

Print publication date: 2000

Print ISBN-13: 9780198290612

Published to Oxford Scholarship Online: January 2005

DOI: 10.1093/0198290616.001.0001

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Natural Resources and Economic Growth: Towards a Definition of Sustainability

Natural Resources and Economic Growth: Towards a Definition of Sustainability

Chapter:
(p.9) 1 Natural Resources and Economic Growth: Towards a Definition of Sustainability
Source:
Halting Degradation of Natural Resources
Author(s):

Jean‐Marie Baland

Jean‐Philippe Platteau

Publisher:
Oxford University Press
DOI:10.1093/0198290616.003.0002

This chapter presents a rationale for a conservationist policy, but argues against the preservation of all renewable natural resources. Production becomes more sensitive to resource degradation the more fragile the resource base. When conservation investments are less effective, the adoption of shut-down practices will be optimal for resource users, and the lower long-run (steady-state) stock of the resources becomes even under conservation practices.

Keywords:   natural resource, conservationist policy, degradation, resource management, economic growth, sustainability

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