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Sustainable Economic Development presents 27 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs. Sustainable Economic Development begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges.
I. Introduction and Synthesis
1. Principles and Practice of Sustainable Development Analysis: Overview and Synthesis
Majah-Leah V. Ravago, University of the Philippines, Arsenio M. Balisacan, University of the Philippines and National Economic and Development Authority, and Ujjayant Chakravorty, Tufts University
2. Reflections on the Foundations of Development Policy Analysis
James Roumasset, University of Hawaii
II. Resources, Environment and Sustainable Development
3. Scarcity, Security and Sustainable Development
Lee Endress, University of Hawaii
4. The Economics of Fossil Fuels and Pollution
Ujjayant Chakravorty, Tufts University and Yazhen Gong, Renmin University, Beijing
5. Groundwater Economics
James Roumasset, University of Hawaii, and Christopher Wada, University of Hawaii Economic Research Organization
6. Optimal Joint Management of Interdependent Resources: Groundwater vs. Kiawe (Prosopis pallida)
Kimberly M. Burnett, University of Hawaii Economic Research Organization, James Roumasset, University of Hawaii and Christopher A. Wada, University of Hawaii Economic Research Organization
7. Win-Win Solutions for Restoration and Maize Farming: A Case Study of Nan, Thailand
Sittidaj Pongkijvorasin and Khemarat T. Teerasuwannajak, Chulalongkorn University, Thailand
III. Institutions, Governance and Political Economy
8. The role of institutions in natural resource use
Nori Tarui, University of Hawaii
9. Public Choice and the Generalized Resource Curse
Majah-Leah V. Ravago, University of the Philippines and James Roumasset, University of Hawaii
10. Governance beyond Governments: A Multi-stakeholder Approach to Inclusive Commercial Agriculture in Africa
Marilou Uy, The World Bank
11. Land Confiscations and Land Reform in Natural-Order States
Sumner La Croix, University of Hawaii
12. Regional Integration and Illicit Economy in Fragile Nations: Perspectives from Afghanistan And Myanmar
Manabu Fujimura, Aoyama Gakuin University, Japan
13. Corruption, Transactions Costs and Network Relationships: Governance Challenges for Thailand
Sirilaksana Khoman, National Anti-Corruption Commission, Thailand
IV. The Nature, Causes, and Consequences of Agricultural Development Policy
14. The Role of Agricultural Economists in Sustaining Bad Programs
Brian Wright, University of California Berkeley
15. Agricultural R&D Policy and Long-Run Food Security
Julian Alston, University of California Davis, William Martin, The World Bank, and Philip Pardey, University of Minnesota
16. Energy and Agriculture: Evolving Dynamics and Future Implications
Siwa Msangi and Mark Rosegrant, International Food Policy Research Institute
17. Trends and Fluctuations in Agricultural Price Distortions
Kym Anderson, University of Adelaide, Australia
18. Getting the Price of Thai Rice Right: Episode II
Suthad Setboonsarng, International Rice Research Institute
19. Philippine Rice Self-sufficiency Program: Pitfalls and Remedies
Ramon Clarete, University of the Philippines
20. Production Specialization and Market Participation of Smallholder Agricultural Households in Developing Countries
Upali Wickramasinghe, United Nations ESCAP
V. Development, Vulnerability and Poverty Reduction
21. Deviant Behavior: A Century of Philippine Industrialization
Noel de Dios, University of the Philippines and Jeffrey Williamson, Harvard University
22. Bundling Drought Tolerance and Index Insurance to Reduce Rural Household Vulnerability to Drought
Travis Lybbert and Michael Carter, University of California, Davis
23. Have Natural Disasters Become Deadlier?
Raghav Gaiha, University of Delhi, Kenneth Hill, Harvard Centre for Population and Development Studies, Ganesh Thapa, International Fund for Agricultural Development, and Varsha S. Kulkarni, Indiana University, Bloomington
24. The Growth-Poverty Nexus: Multidimensional Poverty in the Philippines
Arsenio M. Balisacan, University of the Philippines and National Economic and Development Authority
25. Poverty Reduction and the Composition of Growth in the Mekong Economies
Peter Warr, Australian National University
Arsenio Balisacan is Professor of Economics and served until 2012 as Dean of the School of Economics and Executive Director of the Philippine Center for Economic Development.
Ujjayant Chakravorty is Professor of Economics at Tufts University and Fellow at the Toulouse School of Economics and CESifo.
Majah-Leah V. Ravago is Assistant Professor of Economics. She holds a Ph.D. from the University of Hawaii.
"If we are to understand the impact of public policy on sustainable economic development and poverty reduction, we must likewise understand the structure of the economy and its institutions. The illustrious authors of this volume contribute to this mission by providing an integrated vision of an economy's natural resources, institutions of governance, and especially its agricultural and rural development."
– His Excellency Benigno S. Aquino III, President of Republic of the Philippines
