THE ECONOMICS OF THIRD WORLD NATIONAL PARKS

Anup Shah

in Books from Edward Elgar Publishing

Abstract: In The Economics of Third World National Parks, Anup Shah argues that parks and reserves are worth preserving, rigorously analyses the problem and advocates solutions drawing on a wide range of sources. Issues discussed include the effects of economic activity on a national park, the tourist problem, valuing a national park and the use of cost–benefit decision-making. Dr Shah uses economic analysis to explore institutional arrangements which would compensate for externalities resulting from exploitation and over-use by tourists and local communities. The price mechanism, he argues, is not a satisfactory tool with which to protect areas of rich bio-diversity.

Keywords: Development Studies; Economics and Finance; Environment; Geography (search for similar items in EconPapers)
JEL-codes: Q5 (search for similar items in EconPapers)
Date: 1995
ISBN: 9781858982182
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