Scarcity and Frontiers

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  • Scarcity and Frontiers Book Detail

  • Author : Edward Barbier
  • Release Date : 2014-05-14
  • Publisher :
  • Genre : Agriculture
  • Pages : 768
  • ISBN 13 : 9780511992490
  • File Size : 5,5 MB

Scarcity and Frontiers by Edward Barbier PDF Summary

Book Description: Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources. Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve more of these resources. However, economies have also responded to increasing scarcity by obtaining and developing more of these resources. Since the agricultural transition over 12,000 years ago, this exploitation of new frontiers' has often proved to be a pivotal human response to natural resource scarcity. This book provides a fascinating account of the contribution that natural resource exploitation has made to economic development in key eras of world history. This not only fills an important gap in the literature on economic history but also shows how we can draw lessons from these past epochs for attaining sustainable economic development in the world today.

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Scarcity and Frontiers

Scarcity and Frontiers

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Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resource

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Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resource

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In this classic study, the authors assess the importance of technological change and resource substitution in support of their conclusion that resource scarcity