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Science and Economics for Sustainable Development of India

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  • U. Sankar

    (Madras School of Economics)

Abstract

This paper deals with the interface between science and economics in environmental policy making in India. It explains Nehru’s concept of scientific temper and its influence in the formulation of science and technology policy and development of the science and technology system. It reviews the evolution of global environmental policy regime and the important role assigned to science to gain insights into ecological processes, to assess the nature and causes of environmental pollution and degradation, and to use scientific evidence as basis for formulation of environmental policies. Then it assesses the roles assigned to science and economics in formulation of policies relating to pollution prevention and control and management of natural resources in India. The implications of uncertainties and risks in environmental management are highlighted for public policy.

Suggested Citation

  • U. Sankar, 2012. "Science and Economics for Sustainable Development of India," Working Papers 2012-076, Madras School of Economics,Chennai,India.
    • Handle: RePEc:mad:wpaper:2012-076
    as

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    References listed on IDEAS

    as
    1. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, January.
    2. Pereira, Angela Guimaraes & Functowicz, Silvio., 2009. "Science for Policy: New Challenges, New Opportunities," OUP Catalogue, Oxford University Press, number 9780195698497.
    3. Martin L. Weitzman, 2009. "On Modeling and Interpreting the Economics of Catastrophic Climate Change," The Review of Economics and Statistics, MIT Press, vol. 91(1), pages 1-19, February.
    4. Narasimha, Roddam, 2008. "Science, technology and the economy: An Indian perspective," Technology in Society, Elsevier, vol. 30(3), pages 330-338.
    5. William D. Nordhaus, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 686-702, September.
    6. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Environmental uncertainties & risks; natural resources management; pollution prevention & control; scientific temper; sustainable development;
    All these keywords.

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment

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