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Global Biodiversity: Some Background and a Preview

In: The International Regulation of Extinction

Author

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  • Timothy M. Swanson

    (University of Cambridge)

Abstract

The purpose of this chapter is to provide some background information on the processes, problems and policies associated with global biodiversity decline. In doing so, it will also provide a preview of some of the theory that will be developed in more detail in later chapters. Section 2.2 presents an outline of the nature of the global conversion process, and some examples of its ‘twinned outcomes’ of diversity decline and societal development. Section 2.3 presents a depiction of the global biodiversity problem; it is shown that this problem results from the existing decentralised approach to the global conversion process. It is necessary to construct an international system of regulation for a global resource that will internalise the externalities flowing from accumulating conversions. Section 2.4 provides an outline of the optimal policy for managing the global conversion process. It shows that an optimal policy will operate through internalising the values of diversity, in order to counterbalance the values derived from conversions, and it gives examples of the nature of these values.

Suggested Citation

  • Timothy M. Swanson, 1994. "Global Biodiversity: Some Background and a Preview," Palgrave Macmillan Books, in: The International Regulation of Extinction, chapter 2, pages 19-44, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12985-0_2
    DOI: 10.1007/978-1-349-12985-0_2
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