Property Rights and Natural Resources (Hardcover)

Richard Barnes

ISBN 10: 1841135895 / ISBN 13: 9781841135892
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Hardcover. Winner of the SLS Peter Birks Prize for Outstanding Legal Scholarship 2009. The use of private property rights to regulate natural resources is a controversial topic because it touches upo.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 436 pages. 0.816. Bookseller Inventory #

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Synopsis: The use of private property rights to regulate common pool natural resources is a controversial topic which must address two critical issues: the allocation of wealth in society and proper conservation and management of limited resources. Given the privatization of many natural resources within the confines of States, the most significant common pool natural resources are those located in international areas, such as the high seas and the atmosphere. This book explores the extension of private property rights and market mechanisms to the regulation of resources in these areas. Looking at developments in off-shore fisheries and mineral exploitation (with references to other areas, such as forestry and pollution quotas, where appropriate), the book considers the legal ramifications of current moves towards the privatization of common pool natural resources. It is skeptical about this process and, in particular, questions whether private property is the most effective and socially responsive arrangement for the regulation of certain natural resources. It then suggests that other property regimes, such as stewardship (which is strongly advocated), provide alternative and workable templates for resource regulation, precisely because they are more responsive to the broader needs of the society whose interest the property system is designed to fulfill. Taking account of legal and philosophical developments in property theory, as well as the impact that property justifications have on the regulation of natural resources, the author is able to show that the economics literature is flawed. The author also assesses the impact of international law on the use of property rights - a much neglected topic - showing how, because many natural resources straddle international boundaries, jurisdictional and international law issues must be taken into account if they are to be regulated. The book will be of interest to international lawyers who are interested in the law of the sea and international environmental law, as well as property lawyers, economists, and political scientists.

About the Author: Richard Barnes is Senior Lecturer in Law at the University of Hull.

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Title: Property Rights and Natural Resources (...
Publication Date: 2009
Binding: Hardcover
Book Condition: New

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Book Description Hart Publishing, Oxford, 2009. Hardcover. Condition: Near Fine. Dust Jacket Condition: Very Good. 1st Edition. An exploration of the extension of private property rights and market mechanisms to natural resources in international areas from a legal perspective, using marine fisheries as illustration. Blue cloth, gilt; slight nick top front, otherwise unmarked. Dustwrapper has slight shelfwear. Internally unmarked, as new. xxxvi, 436 pp. Note: this is a heavy book, shipping outside the UK may incur extra charge. Please contact us via Abebooks for a shipping quote. Seller Inventory # 007573

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Book Description Bloomsbury Publishing PLC, United Kingdom, 2009. Hardback. Condition: New. New. Language: English . Brand New Book. Winner of the SLS Peter Birks Prize for Outstanding Legal Scholarship 2009. The use of private property rights to regulate natural resources is a controversial topic because it touches upon two critical issues: the allocation of wealth in society and the conservation and management of limited resources. This book explores the extension of private property rights and market mechanisms to natural resources in international areas from a legal perspective. It uses marine fisheries to illustrate the issues that can arise in the design of regulatory regimes for natural resources. If property rights are used to regulate natural resources then it is essential that we understand how the law and values embedded within legal systems shape the development and operation of property rights in practice. The author constructs a version of property that articulates both the private and public function of property. This restores some much needed balance to property discourse. He also assesses the impact of international law on the use of property rights-a much neglected topic-and shows how different legal and socio-political values that inhere in different legal regimes fundamentally shape the construction of property rights. Despite the many claimed benefits to be had from the use of private property rights-based management systems, the author warns against an uncritical acceptance of this approach and, in particular, questions whether private property rights are the most suitable and effective arrangement of regulating of natural resources. He suggests that much more complex forms of holding, such as stewardship, may be required to meet physical, legal and moral imperatives associated with natural resources. Seller Inventory # AA79781841135892

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Book Description Bloomsbury Publishing PLC, United Kingdom, 2009. Hardback. Condition: New. New. Language: English . Brand New Book. Winner of the SLS Peter Birks Prize for Outstanding Legal Scholarship 2009. The use of private property rights to regulate natural resources is a controversial topic because it touches upon two critical issues: the allocation of wealth in society and the conservation and management of limited resources. This book explores the extension of private property rights and market mechanisms to natural resources in international areas from a legal perspective. It uses marine fisheries to illustrate the issues that can arise in the design of regulatory regimes for natural resources. If property rights are used to regulate natural resources then it is essential that we understand how the law and values embedded within legal systems shape the development and operation of property rights in practice. The author constructs a version of property that articulates both the private and public function of property. This restores some much needed balance to property discourse. He also assesses the impact of international law on the use of property rights-a much neglected topic-and shows how different legal and socio-political values that inhere in different legal regimes fundamentally shape the construction of property rights. Despite the many claimed benefits to be had from the use of private property rights-based management systems, the author warns against an uncritical acceptance of this approach and, in particular, questions whether private property rights are the most suitable and effective arrangement of regulating of natural resources. He suggests that much more complex forms of holding, such as stewardship, may be required to meet physical, legal and moral imperatives associated with natural resources. Seller Inventory # AA79781841135892

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