Nature, Economy and Society

Understanding the Linkages

Editors: Ghosh, N., Mukhopadhyay, P., Shah, A., Panda, M. (Eds.)

  • A valuable contribution to the literature on interdisciplinary work in ecology and economics, a growing area of research interest both in India and globally
  • Addresses an existing and expanding market and can inform the current policy debates
  • Includes contributions from leading scholars in economics and the natural sciences 
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About this book

This book presents an enquiry into the interface between nature, economy and society, which is still in its early stages, notwithstanding the commendable progress and advances made in the field of environmental and natural resource economics within the ever-expanding boundaries of economics as a discipline. It further delineates the evolution of an inter-disciplinary framework for analyzing the status, the future goals, mechanisms and policy instruments that can help move towards a more ecologically sustainable, economically beneficial and socially just future.

A pre-requisite for preparing a comprehensive and coherent framework involves unfolding the multiple layers of interconnectedness between the three systems nature, economy and society, each of which has its own internal consistencies as well as externalities. Against this backdrop, the book presents scholarly contributions that focus on four broadly defined building blocks, namely: i) accounting for ecosystems services for life and human well-being; ii) impacts of economic growth on ecosystems; iii) social norms, equity, and governance; and iv) alternative approaches to green and socio-economic systems.

The analyses, presented by some of the most eminent national and international scholars, address the major environmental challenges that nations around the world face today and consider which specific policy directions at the international and national level are needed. In particular, the choices India and South Asia now face, as development and environment both need to be addressed adequately, touch on many of these challenges.

About the authors

Nilanjan Ghosh is a senior fellow (Professor), Observer Research Foundation, Kolkata Chapter. He is also a Senior Advisor - Environmental Economics, World Wide Fund (WWF) for Nature, New Delhi, India. Prior to joining ORF, he served as the Chief Economist at the Multi Commodity Exchange of India Limited and a senior research professional at The Energy and Resources Institute (TERI), New Delhi. He is also a visiting fellow at Department of Political Science, School of Social Sciences, Växjö University (now Linnaeus University), Växjö, Sweden. A natural resource economist and econometrician by training, he obtained his doctorate degree from the Indian Institute of Management, Calcutta. He has been working in the domains of ecological economics, water resources, and commodity derivative markets, conducting his research by combining frameworks of neoclassical economics and institutions. His publications include 6 books, 30-odd peer-reviewed research papers in top international journals (like Water Policy, Conservation and Society, Journal of Industrial Ecology, Journal of Index Investing, Economic & Political Weekly). Dr. Ghosh was also the Vice President of the Indian Society for Ecological Economics (INSEE) during 2012-14, and delivered the presidential address at the seventh INSEE biennial conference in 2013.

Pranab Mukhopadhyay is a professor and former head of the department of economics at the Goa University, India. He worked as an environmental economist with the South Asian Network for Development & Environmental Economics (SANDEE), based at the International Union for Conservation of Nature, (IUCN, Nepal), Kathmandu in 2006-2008. He is a SANDEE Fellow and continues to be actively involved with the Network’s activities. He has published books and also in national and international journals such as Ecology and Society, Economic & Political Weekly, Environment & Development Economics, and some edited volumes. His work in environmental economics focuses on common property resources and institutional economics. He was the Secretary of the Indian Society for Ecological Economics (INSEE) during 2012-14.

Amita Shah is a professor and the former Director at the Gujarat Institute of Development Research. Her major areas of research interest include natural resource development with special focus on dry-land agriculture and forestry, environmental impact assessment, gender and environment, the agriculture-industry interface, small scale and rural industries, diffusion of technologies, and employment-livelihood issues. More recently, she has been involved in a number of studies pertaining to participatory watershed development, protected area management, economic valuation of bio-diversity, and chronic poverty in remote rural areas, migration and status of women in agriculture. She has published nearly 100 research papers in professional journals and books and participated in a number of academic seminars. She has co-authored a book and jointly edited three books pertaining to agriculture, sustainable development and gender. She has been invited as a visiting fellow/scholar to academic institutions in the United Kingdom, China, France, the Netherlands and Canada. She was the President of the Indian Society for Ecological Economics in 2012-14.

Manoj Panda holds a PhD in economics from the Indian Statistical Institute. He is currently Director of the Institute of Economic Growth, Delhi. He has served as the Director of the Centre for Economic and Social Studies (CESS), Hyderabad (2008-2012), as a Professor and an Associate Professor at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai (1992-2012) and as a senior economist at the National Council of Applied Economic Research, New Delhi (1982-92). He spent a year at Yale University, USA on a post-doctoral fellowship (1996-97). His research areas span monitoring and analysis of macroeconomic trends and prospects, evaluation of alternative trade and fiscal policy options from the point of view of growth and distribution, development and application of computable general equilibrium (CGE) models, construction of Social Accounting Matrices (SAM), measurement and policy issues in poverty and human development and interaction of carbon emission with economic growth and its pattern. He has undertaken short-term assignments for several international organizations including the World Bank, ADB, UNDP, FAO, UN-ESCAP, IFPRI, MacArthur Foundation and Carnegie Endowment. He has published extensively in journals and edited books.

Reviews

“This book attempts to showcase the real time application of ecological economics. … a good effort in bringing out the relevant topics in ecological economics. The editors have managed to keep the curiosity of the reader awake until the last chapter of the book. … a must asset for the university libraries.” (S. Suresh Ramanan, Journal of Agricultural and Environmental Ethics, Vol. 31 (3), May, 2018)

Table of contents (18 chapters)

  • Ecological Economics: At the Interface of Nature, Economy, and Society

    Ghosh, Nilanjan (et al.)

    Pages 1-8

  • Nature, Economy and Society: Of Values, Valuation and Policy-Making in an Unequal World

    Chopra, Kanchan

    Pages 9-18

  • Social Metabolism and Environmental Conflicts in India

    Martinez-Alier, Joan (et al.)

    Pages 19-49

  • Current Status of Environmental and Economic Accounting: Review of Some Countries Experiences and Way Forward for India

    Murty, M. N. (et al.)

    Pages 51-85

  • Strengthening Forest Resource Valuation and Accounting System: A Case of Forest Resources of Kerala, India

    Mali, Kiran P. (et al.)

    Pages 87-112

Buy this book

eBook $99.00
price for USA in USD (gross)
  • ISBN 978-81-322-2404-4
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $119.99
price for USA in USD
  • ISBN 978-81-322-2403-7
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $129.00
price for USA in USD
  • ISBN 978-81-322-3455-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Nature, Economy and Society
Book Subtitle
Understanding the Linkages
Editors
  • Nilanjan Ghosh
  • Pranab Mukhopadhyay
  • Amita Shah
  • Manoj Panda
Copyright
2016
Publisher
Springer India
Copyright Holder
Indian Society for Ecological Economics
eBook ISBN
978-81-322-2404-4
DOI
10.1007/978-81-322-2404-4
Hardcover ISBN
978-81-322-2403-7
Softcover ISBN
978-81-322-3455-5
Edition Number
1
Number of Pages
XII, 357
Number of Illustrations and Tables
18 b/w illustrations, 27 illustrations in colour
Topics