Sustainability and river restoration
Paper
Paper/Presentation Title | Sustainability and river restoration |
---|---|
Presentation Type | Paper |
Authors | Alam, Khorshed (Author) and Marinova, Dora (Author) |
Editors | MacDonald, Garry |
Journal or Proceedings Title | Proceedings of the 35th Australian Conference of Economists (ACE 2006) |
Number of Pages | 21 |
Year | 2006 |
Place of Publication | Perth, Western Australia |
ISBN | 1740675010 |
Web Address (URL) of Paper | http://www.cbs.curtin.edu.au/files/alam_matinova.pdf |
Conference/Event | 35th Australian Conference of Economists (ACE 2006) |
Event Details | 35th Australian Conference of Economists (ACE 2006) Event Date 25 to end of 27 Sep 2006 Event Location Perth, Australia |
Abstract | One of the major problems causing the accelerating widespread destruction and degradation of the natural environment is the undervaluing of the protection and restoration of environmental resources that takes place in the decision making process. This paper argues that non-market values need to be incorporated in the benefit estimation process to make the concept of sustainability operational under the current market mechanism. It uses the case study of the Buriganga, a vulnerable river in Bangladesh, to demonstrate that a failure to account for such benefits could lead to gross underestimation of the desirability of providing public funding for its restoration. |
Keywords | benefit estimation; Buriganga River; contingent valuation; total economic value |
ANZSRC Field of Research 2020 | 380105. Environment and resource economics |
440704. Environment policy | |
410404. Environmental management | |
Public Notes | File reproduced in accordance with the copyright policy of the publisher/author. |
Byline Affiliations | Department of Economics and Resources Management |
Murdoch University |
https://research.usq.edu.au/item/9y5vv/sustainability-and-river-restoration
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