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Natural Resource Management: Challenges and Policy Options

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  • Jessica Coria

    (Department of Economics, School of Business, Economics, and Law, University of Gothenburg, Gothenburg, SE 405 30 Sweden
    Facultad de Economía y Empresa, Universidad Diego Portales, Santiago 8370057, Chile)

  • Thomas Sterner

    (Department of Economics, School of Business, Economics, and Law, University of Gothenburg, Gothenburg, SE 405 30 Sweden)

Abstract

Much of the improvement in living standards in developed and developing countries is attributable to the exploitation of nonrenewable and renewable resources. The problem is to know when the exploitation occurs at rates and with technologies that are sustainable. If the technologies used are not sustainable, resource exploitation presents a serious problem for the future because welfare will decrease. A long-term management perspective is needed to avoid irreversible degradation of renewable resources. This article examines major challenges to natural resource management as well as policy options.

Suggested Citation

  • Jessica Coria & Thomas Sterner, 2011. "Natural Resource Management: Challenges and Policy Options," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 203-230, October.
    • Handle: RePEc:anr:reseco:v:3:y:2011:p:203-230
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-resource-083110-120131
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    Cited by:

    1. Tayebeh Nikraftar & Elham Jafarpour, 2021. "Using Q-methodology for analyzing divergent perspectives about sustainable tourism," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(4), pages 5904-5919, April.
    2. Mohammad Mojibul Hoque Mozumder & Md. Abdul Wahab & Simo Sarkki & Petra Schneider & Mohammad Mahmudul Islam, 2018. "Enhancing Social Resilience of the Coastal Fishing Communities: A Case Study of Hilsa ( Tenualosa Ilisha H.) Fishery in Bangladesh," Sustainability, MDPI, vol. 10(10), pages 1-21, September.
    3. Coria, Jessica & Robinson, Elizabeth & Smith, Henrik G. & Sterner, Thomas, 2012. "Biodiversity Conservation and Ecosystem Services Provision: Tale of Confused Objectives, Multiple Market Failures and Policy Challenges," Working Papers in Economics 546, University of Gothenburg, Department of Economics.
    4. Kuusela, Olli-Pekka & Amacher, Gregory S. & Moeltner, Klaus, 2017. "Enforcing the rules in timber concessions: Performance bonding in the presence of corruption risk," Forest Policy and Economics, Elsevier, vol. 85(P1), pages 52-64.

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    More about this item

    Keywords

    sustainability; natural resources; policy instruments; property rights; tradable quotas; taxes; voluntary agreements; liability; subsidies; deposit-refunds;
    All these keywords.

    JEL classification:

    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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