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THE ECONOMICS OF THIRD WORLD NATIONAL PARKS

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THE ECONOMICS OF THIRD WORLD NATIONAL PARKS

Issues of Tourism and Environmental Management

9781858982182 Edward Elgar Publishing
Anup Shah, Lecturer in Economics, University of Newcastle upon Tyne, UK
Publication Date: 1995 ISBN: 978 1 85898 218 2 Extent: 192 pp
In The Economics of Third World National Parks, Anup Shah argues that parks and reserves are worth preserving, rigorously analyses the problem and advocates solutions drawing on a wide range of sources. Issues discussed include the effects of economic activity on a national park, the tourist problem, valuing a national park and the use of cost–benefit decision-making. Dr Shah uses economic analysis to explore institutional arrangements which would compensate for externalities resulting from exploitation and over-use by tourists and local communities. The price mechanism, he argues, is not a satisfactory tool with which to protect areas of rich bio-diversity.

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National parks and game reserves are under threat from exploitation by tourists and by people living on their borders. Parks, although highly valued by conservationists, are not protected from unregulated economic behaviour within and outside their borders.

In The Economics of Third World National Parks, Anup Shah argues that parks and reserves are worth preserving, rigorously analyses the problem and advocates solutions drawing on a wide range of sources. Issues discussed include the effects of economic activity on a national park, the tourist problem, valuing a national park and the use of cost–benefit decision making. Dr Shah uses economic analysis to explore institutional arrangements which would compensate for externalities resulting from exploitation and over-use by tourists and local communities. The price mechanism, he argues, is not a satisfactory tool with which to protect areas of rich bio-diversity.

The Economics of Third World National Parks presents a clear and thoughtful application of economic thought, and especially the concept of externalities, to a key problem which current institutional structures seem unable to resolve.
Critical Acclaim
‘This book successfully brings basic concepts of economics to bear on the important problem of preserving and managing natural environments in developing countries for the benefit of people everywhere.’
– Anthony C. Fisher, University of California, Berkeley, US
Contents
Contents: Preface 1. Introduction 2. The Atemporal Problem of the Buffer Area 3. The Intertemporal Problem of the Buffer Area 4. The Effects of Economic Activity in the Buffer Area on the National Park 5. The Tourist Problem: The Demand for Wildlife Viewing 6. The Supply of Wildlife-Viewing Services 7. Value of a National Park and Cost–Benefit Decision-Making 8. An Eco-development Plan for a Greater National Park 9. Conclusions Index
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