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Scarcity and Frontiers

Name: Scarcity and Frontiers
Brand: Cambridge University Press
SKU: 04094333
Price: 31.39 EUR
Availability: InStock
Author: Ed Barbier
ISBN: 9780521701655

Ed Barbier

Language

English

Book Paperback

Libristo code: 04094333

Publishers Cambridge University Press, December 2010

Throughout much of history, a critical driving force behind global economic development has been the... Full description

Libristo code: 04094333

77 b

31.39 € VAT included

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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 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.