It has always been thought that some level of pollution and waste is unavoidable in development projects. But no one has made much effort to quantify and assess the extent of this sort of damage.
In this book a group of analysts from the Asian Development Bank and from the East West Center propose a means of constructing useful economic evaluations of the impacts of development projects on the environments in which they are constructed. This study demands the systematic evaluation of all the intentional and unintentional consequences of development initiatives before they are determined upon. It is essential reading for development economists, analysts and bankers. Originally published in 1986
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John Dixon was a research associate at the East-West Center's Environment and Policy Institute from 1981 to 1990. As leader of the applied economics research activity, he was involved in both methodological studies on the process of economic valuation and applied work on various resources including ground and surface water, drylands, mangroves, protected areas, and watersheds. Co-author or co-editor of several books on these topics, Dr. Dixon has taught and consulted widely for various national and international organizations. His undergraduate degrees are from the University of California at Berkeley (economics and Chinese) and his doctorate in economics is from Harvard University.
Paul Sherman is a resource economist with advanced degrees in both environmental management (Duke University School of Forestry and Environmental Studies) and economics (Ph.D., University of Hawaii). From 1981 to 1983, he was a research assistant at Resources for the Future in Washington, D.C. In 1983 he joined the Economic Analysis of Nature Resources Program at the East-West Center's Environment and Policy Institute in Honolulu, where he remained until 1990. He has also worked as a consultant to U.S.A.I.D. on protected-area issues in Thailand and Indonesia. Dr. Sherman also worked as an economist for the Hawaiian state government, focusing primarily on issues of growth and economic development.
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