Nature conservation scientists and practitioners have voiced the concern that a conservation discourse based on economic arguments and monetary valuation may undermine conservation efforts by eroding ("crowding out") the influence of other arguments for nature conservation. This paper presents...

The paper uses the framework of Obstfeld and Rogoff's model to study the impact of monetary shocks on exchange rate, terms of trade, and welfare in the context of a North-South trade. The authors show that a relative Northern monetary expansion can depreciate or appreciate its currency depending...

India's rapid economic growth underscores the increased necessity of pursuing the paradigms of sustainable development. However, concerns over environmental sustainability have risen in tandem with the country's aspirational goals for economic progress. Therefore, a crucial aspect of managing...