GGR345H5 Chapter Notes -Developmentalism, Reproductive Health, Consumerism
Document Summary
Involve a political agenda of rolling back the state, deregulating markets, and extending market. Those in favor argue: markets are more flexible than the political process. Thus market-orientated policy in the third world has translated to privatization of communally. Markets also create incentives that guide-decision making that has an impact on the environment. Market prices rise as resources become scarce, and logically people will innovate and to find cheaper sources or ways of using resources more efficiently (including using less of the resource and finding alternatives) Open-access resources are liable to overexploitation whereas private sector of resources are managed efficiently and conserved held land. People just argue form this side that the only problem is there needs to be responsibility of economic growth in social and environment terms. Increases in dev result in some good and some bad environmental impacts income inequalities grow fast initially but decline later (environmental kuznets curve)
