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Managing Natural Resources Sustainably: Market and Non-market Approaches

In: Natural Resource Degradation and Human-Nature Wellbeing

Author

Listed:
  • Rashed Al Mahmud Titumir

    (University of Dhaka)

  • Tanjila Afrin

    (Bangladesh University of Professionals)

  • Mohammad Saeed Islam

    (Bangladesh University of Professionals)

Abstract

This chapter attempts to construct a new theoretical framework of sustainable natural resource governance by critically examining the existing theoretical positions. The chapter has focused on two theoretical approaches—(a) the market-centric approach and (b) the political economy approach. The new framework takes into account variables such as institution, power, political settlement and human sociality to find out the drivers of natural resource degradation and also to devise a sustainable governance mechanism to ensure a sustained relationship between human beings and nature. The aim, on the whole, is to provide a rigorous cause-and-effect understanding by building on, and moving beyond, the existing theories to address the objectives of the book.

Suggested Citation

  • Rashed Al Mahmud Titumir & Tanjila Afrin & Mohammad Saeed Islam, 2023. "Managing Natural Resources Sustainably: Market and Non-market Approaches," Springer Books, in: Natural Resource Degradation and Human-Nature Wellbeing, chapter 0, pages 37-74, Springer.
  • Handle: RePEc:spr:sprchp:978-981-19-8661-1_2
    DOI: 10.1007/978-981-19-8661-1_2
    as

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