Sustainable Agricultural Development and Project Appraisal
AbstractThis paper is concerned with how the objective of agricultural sustainability can be incorporated into conventional analyses of agricultural development projects. The most straightforward approach is to assume that agricultural sustainability, including the ecological concept of "resilience," is dependent on the constancy of the natural capital stock. Special sustainability criteria need only be invoked in the presence of degradation or depletion; otherwise, economic efficiency can be optimally pursued. The resulting "rules" for project appraisal are demonstrated both theoretically and with the example of a gum arabic rehabilitation project in Sudan. Copyright 1990 by Oxford University Press.
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Bibliographic InfoArticle provided by Foundation for the European Review of Agricultural Economics in its journal European Review of Agricultural Economics.
Volume (Year): 17 (1990)
Issue (Month): 2 ()
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- Edward Barbier, 1992. "Rehabilitating gum arabic systems in Sudan: Economic and environmental implications," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 2(4), pages 341-358, July.
- Perrings C, 1991. "Incentives for the ecologically sustainable use of human and natural resources in the drylands of sub-saharan Africa: a review," ILO Working Papers 283665, International Labour Organization.
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