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ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: THE KUZNET CURVE HYPOTHESIS
As nations across the world gears towards industrialization, effect of economic growth on environmental quality is much under dispute. A number of empirical studies have made the claim that there exist in some income ranges a positive relation between per capita income and some measure of environmental quality. In this paper, I look critically at a hypothesis put forward by Simon Kuznet called the environmental Kuznets curve hypothesis. (EKC). The hypothesis gives the relationship between economic growth and environmental degradation. I look at both the pros and cons of using the hypothesis to base developmental policies for developing economies.
Details
| language |  | english |
| wordcount |  | 1846 (cca 5 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 7 |
Table of contents
1.0 INTRODUCTION
1.2 study objective 1
1.3 statement of the problem 1
2.0 LITERATURE REVIEW
2.1 Introduction 2
2.2 survey of literature 2
2.3 theoretical frameworks 3
2.3.1 The concept of environmental kuznet curve (EKC) 3
2.4 Arguments for using EKC hypothesis for policy formulation 5
2.5 arguments against the ECK hypothesis 6
3.0 CONCLUSION AND RECCOMENDATIONS
3.1 Introduction 7
3.2 recommendations 7
3.2.1 Social progress 7
3.2.2 Effective protection of environment 7
3.2.3 Prudent use of natural resources 7
3.2.4 Maintenance of high and stable level of economic growth and employment 8
Preview of the essay: ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: THE KUZNET CURVE HYPOTHESIS
ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: THE KUZNET CURVE HYPOTHESIS1. INTRODUCTION
1.1 Study objective. This study aims at finding out the relationship between economic growth and environmental degradation.
1.2 Statement of the problem. The effect of economic growth on environmental quality is much under dispute. The world Commission on Environment and Development (1987) defined sustainable development as: "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs" is it possible therefore especially for developing ...
... make sure that non-renewable resources are used efficiently and that alternatives are developed to replace them in due course. Renewable resources, such as water, should be used in ways that do not endanger the resource or cause serious damage or pollution.
3.2.4 Maintenance of high and stable levels of economic growth and employment
This is so that, everyone can share in high living standards and greater job opportunities. Kenya is a trading nation in a rapidly changing world. For our country to prosper, our businesses must produce the high quality goods and services that consumers throughout the world want, at prices they are within its industrial sector:
Essay is in categories
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Economics
/Economics
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/Comments
Princess R.Too brief as to adequately discuss the topic. It failed to give justice to the tile of the essay.