Some economists claim that grinding poverty and impatience impel people to strive for immediate gain, forgetting long-term environmental sustainability. You are an Environmental Economist in the Ministry of the Environment and Beautification in your local country, and you are tasked with holding a team meeting and the Chief Economist has given the following guidelines: a. state the department position regarding the claim, b. research and analyze the impact of this behaviour and include I. three ways in which the society and the economy does not interface with the environment and elaborate on the main economic issues resulting from each of the identified interactions. II. two critiques (most recent) of the environmental Kuznets Curve.
Some economists claim that grinding poverty and impatience impel people to strive for immediate gain, forgetting long-term environmental sustainability. You are an Environmental Economist in the Ministry of the Environment and Beautification in your local country, and you are tasked with holding a team meeting and the Chief Economist has given the following guidelines:
a. state the department position regarding the claim,
b. research and analyze the impact of this behaviour and include
I. three ways in which the society and the economy does not interface with the environment and elaborate on the main economic issues resulting from each of the identified interactions.
II. two critiques (most recent) of the environmental Kuznets Curve.
III. the importance of inter-generational equity and optimal depletion with regards to non-renewable resources.
c. indicate what approaches government / society can take to spur poor people to behave responsibly toward the environment.
d. Your answer should be accompanied by relevant diagrams.
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