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The Road Ahead

In: The Economics of Sustainable Development

Author

Listed:
  • Surender Kumar

    (TERI University)

  • Shunsuke Managi

    (Yokohama National University)

Abstract

To gain a global economic perspective, India is one of the most important countries to understand. It is the world's largest democracy and the world's fourth largest economy in terms of purchasing power parity. However, about one-third of the total population of the country survives on less than US$1 per day. These two facts lead to degradation and depletion of the environment and natural resources. Similarly, the country has elaborate statutes, regulations, institutional frameworks and policies on almost every conceivable topic — from hazardous waste to public liability for forests and wildlife. However, monitoring and enforcement capabilities are weak.

Suggested Citation

  • Surender Kumar & Shunsuke Managi, 2009. "The Road Ahead," Natural Resource Management and Policy, in: The Economics of Sustainable Development, chapter 0, pages 265-274, Springer.
    • Handle: RePEc:spr:nrmchp:978-0-387-98176-5_15
    DOI: 10.1007/978-0-387-98176-5_15
    as

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