Expansion and liberalization of world trade lasted for ages at the expense of the natural environment. In 2013, the financial volume of world trade amounted to 23.4 trillion US $, about a third of world GDP. At the same time, global environmental indicators show the impact of trade on the environment. Population growth and rising incomes fuel the demand for goods and services, which is often met by natural resources, especially land and water. Tripling of the world population over the last six decades and fourfold the increase in GDP expected by 2050, were only some of the factors affecting on the growth of trade. These trends led to an increasing number of ecosystems in the world far beyond their service potential. For example, global demand for food is expected to double between today and 2050 year. By this time, it is estimated that 3.9 billion people or 40% of the projected world population will live in countries that are availability of just 1,000 liters of water per person per year. To reverse these trends, trade should be used as a catalyst for positive economic, social and ecological change, and not as a factor of environmental degradation.
Some of the natural resources fulfill the role of living conditions of people. This also includes resources for recreation, treatment, and training. The rest serve the needs of industry. There are such a types of natural resources: By type of use. By the nature of the natural components. If possible, recovery. Inexhaustible types of natural resources are: water, cosmic,climatic. Natural resources are classified into practically inexhaustible and exhaustible. The latter are divided into renewable and non-renewable. The dividing line is conditional. Practically inexhaustible are the resources whose existence is not limited by time frames. At any intensity of their consumption, the quantity at the disposal of mankind does not decrease or decrease so insignificantly that in practice this magnitude can be neglected. Such resources include solar radiation, hydro- and wind energy potential, etc.
Table of Contents
1. Introduction
2. The terms of renewable resources and gains from trade
3. The model
a) Establishing a Basic Model
b) Autarky
4. Economic development and a gains from trade
5.Conclusion
Research Objectives and Core Themes
This work examines the intersection of international trade, economic development, and the sustainable management of natural resources. It addresses the fundamental tension between global trade expansion and environmental degradation, specifically investigating how trade policies can be reshaped to catalyze positive ecological change and ensure the long-term viability of renewable natural capital.
- The impact of international trade on natural resource depletion.
- Economic models for sustainable resource management and food security.
- The relationship between aquaculture growth and human food supply.
- Strategic frameworks for "autarky" and national economic sovereignty in a globalized world.
- The role of technological advancement and R&D in shaping gains from trade.
Excerpt from the Book
3. The model
The green economy represents a model for reversing environmental risks and ecological scarcities, changes in economic policies and incentives in such a way as to support growth, social justice and wellbeing by and sustainable use of natural resources and vigilant control pollution.
Renewable resources are indispensable for economic activity and well-being of people. Their reserves are part of natural capital; they provide us with raw materials, energy, water, air, land and support environmental and social services needed to produce other forms of capital. The extraction and consumption of resources affect the quality of life and well-being of both the current and future generations.
For the rational management of natural capital, three key ingredient are important: (i) knowledge - people need to know what and how to do; (ii) aspiration - people should want to do it; and (iii) opportunities - people should be able to do this (Campbell, 2006). It is particularly important that available knowledge is available that should be freely distributed within the framework of the resource management system, flows in the economy.
Decision-makers need information both for forecasting consequences of their decisions, and for a retrospective analysis of causal links between their solutions and environmental and economic outcomes ahead of future decisions and actions. In many cases, inaccurate information on natural resources and the complexity of environmental and economic relationships outweigh the potential of decision-making institutions, which prevents to make informed decisions in the absence of sound environmental information.
Summary of Chapters
1. Introduction: This chapter highlights the historical tension between trade expansion and environmental health, emphasizing the urgent need to use trade as a tool for sustainable development.
2. The terms of renewable resources and gains from trade: This section defines various categories of natural resources and explains the fundamental economic concept of "gains from trade" in the context of comparative advantage.
3. The model: This chapter introduces the green economy model, focusing on the rational management of natural capital and the necessity of accurate information for effective decision-making.
a) Establishing a Basic Model: This sub-chapter examines the evolution of food production, specifically analyzing the rise of aquaculture as a critical component of global fish supply.
b) Autarky: This sub-chapter discusses the concept of autarky not as isolationism, but as a strategy for maintaining economic sovereignty and securing national food systems.
4. Economic development and a gains from trade: This chapter analyzes how technology advancement and R&D investments are directed in international trade between the North and the South.
5.Conclusion: The final chapter summarizes how uneven resource distribution impacts industrial development and advocates for an elastic, stable legal system to protect the environment.
Keywords
Renewable Resources, Gains from Trade, Green Economy, Natural Capital, Aquaculture, Economic Development, Autarky, Sustainable Management, Comparative Advantage, Food Security, Environmental Degradation, International Trade, Policy Implementation, Resource Management, Ecology
Frequently Asked Questions
What is the primary focus of this publication?
The work investigates the complex relationship between global trade, the consumption of renewable natural resources, and the requirement for sustainable economic development models.
What are the central themes discussed in the book?
Key themes include the management of natural capital, the role of aquaculture in food security, the strategic use of autarky for national development, and the impact of R&D on trade between industrialized and developing nations.
What is the core research goal?
The primary goal is to propose frameworks where trade acts as a catalyst for positive economic and ecological outcomes rather than a driver of environmental decay.
Which scientific methodology is applied?
The work utilizes an analytical review of economic models, resource management frameworks, and historical trade data to synthesize a policy-oriented perspective on sustainable development.
What is covered in the main body of the text?
The main body examines the classification of natural resources, the shift toward aquaculture, the role of information in resource governance, and the directional effects of technology in international trade.
Which keywords best characterize this work?
The work is defined by terms such as Renewable Resources, Green Economy, Natural Capital, Autarky, and Sustainable Management.
How does the author define the concept of 'autarky' in this context?
The author defines autarky not as complete isolation, but as a policy of economic sovereignty and the subordination of trade to the state's social development goals.
What significance is attributed to aquaculture?
Aquaculture is presented as a crucial milestone in meeting global food demands as the supply of wild-caught fish reaches its limits.
How does inaccurate information affect natural resource management?
The author argues that insufficient or flawed data leads to poor decision-making, which can cause severe economic losses and the eventual commercial destruction of natural stocks, such as in fisheries.
- Quote paper
- Anonym (Author), 2018, Renewable resources and the gains from trade, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/437997
