Argues that the serious environmental degradation occurring in two “low island” Pacific states, Kiribati and Tuvalu, can be directly attributed to the lack of allocation of rights of access to, or the lack of exclusion of non rights‐holders from, common property resources. A...

Discusses the meaning of the term new world order (NWO) and defines its economic dimensions. Identifies three common principles of any workable NWO: material, social and spiritual dimensions. Links these dimensions in an analytical framework. Reviews the literature on the theories and concepts...

Economic thought has had considerable influence on ecology and environmental management. This has been by and large to the detriment of ecology for two reasons: first, much of the neo‐classical economics (the economics of resource allocation) is based on untested and highly improbable...

Some economists tend to argue that calls to link environmental and labour market issues to trade liberalization are a backdoor method to retaining protectionism. Such a perspective overlooks economic principles pertaining to externalities as well as human capabilities for altruism. Argues that...

Begins with a summary of the limits to growth analysis of the global situation, identifying over‐production and over‐consumption as the basic causes of ecological damage, resource depletion, Third World deprivation and social breakdown. Gives attention to the destructive effects of market...