Scarcity and Frontiers

Name: Scarcity and Frontiers: How Economies Have Developed Through Natural Resource Exploitation
Brand: Cambridge University Press
SKU: 9780521701655
Price: 4443.00 INR
Availability: InStock

How Economies Have Developed Through Natural Resource Exploitation

by Edward B. Barbier

Cambridge University Press

₹4,443

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From the publisher

Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources. Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve more of these resources. However, economies have also responded to increasing scarcity by obtaining and developing more of these resources.

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