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Scarcity and Frontiers

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  • Barbier,Edward B.

Abstract

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. Since the agricultural transition over 12,000 years ago, this exploitation of new 'frontiers' has often proved to be a pivotal human response to natural resource scarcity. This book provides a fascinating account of the contribution that natural resource exploitation has made to economic development in key eras of world history. This not only fills an important gap in the literature on economic history but also shows how we can draw lessons from these past epochs for attaining sustainable economic development in the world today.

Suggested Citation

  • Barbier,Edward B., 2010. "Scarcity and Frontiers," Cambridge Books, Cambridge University Press, number 9780521877732.
    • Handle: RePEc:cup:cbooks:9780521877732
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    Cited by:

    1. Alexander Teytelboym, 2019. "Natural capital market design," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 35(1), pages 138-161.
    2. Israel Ropo Orimoloye & Leocadia Zhou & Ahmed M. Kalumba, 2021. "Drought Disaster Risk Adaptation through Ecosystem Services-Based Solutions: Way Forward for South Africa," Sustainability, MDPI, vol. 13(8), pages 1-15, April.
    3. Albertus, Michael, 2019. "The effect of commodity price shocks on public lands distribution: Evidence from Colombia," World Development, Elsevier, vol. 113(C), pages 294-308.
    4. Saleem H. Ali, 2018. "Extracting at the borders: Negotiating political and ecological geographies of movement in mineral frontiers," Sustainable Development, John Wiley & Sons, Ltd., vol. 26(5), pages 481-490, September.
    5. Infante-Amate, Juan & Iriarte-Goñi, Iñaki & Urrego-Mesa, Alexander & Gingrich, Simone, 2022. "From woodfuel to industrial wood: A socio-metabolic reading of the forest transition in Spain (1860–2010)," Ecological Economics, Elsevier, vol. 201(C).

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