Natural Resource Management: Challenges and Policy Options

Posted: 16 Sep 2011

See all articles by Jessica Coria

Jessica Coria

Department of Economics, University of Gothenburg

Thomas Sterner

Göteborg University - Department of Economics

Date Written: October 2011

Abstract

Much of the improvement in living standards in developed and developing countries is attributable to the exploitation of nonrenewable and renewable resources. The problem is to know when the exploitation occurs at rates and with technologies that are sustainable. If the technologies used are not sustainable, resource exploitation presents a serious problem for the future because welfare will decrease. A long-term management perspective is needed to avoid irreversible degradation of renewable resources. This article examines major challenges to natural resource management as well as policy options.

Suggested Citation

Coria, Jessica and Sterner, Thomas, Natural Resource Management: Challenges and Policy Options (October 2011). Annual Review of Resource Economics, Vol. 3, Issue 1, pp. 203-230, 2011, Available at SSRN: https://ssrn.com/abstract=1928405 or http://dx.doi.org/10.1146/annurev-resource-083110-120131

Jessica Coria (Contact Author)

Department of Economics, University of Gothenburg ( email )

Vasagatan 1
Goteborg, 40530
Sweden

Thomas Sterner

Göteborg University - Department of Economics ( email )

Göteborg
Sweden

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