By Glenn-Marie Lange (auth.), Rashid M. Hassan, Eric D. Mungatana (eds.)
Leaving apart human and social capital for a destiny quantity, the ebook may be considered as a vital first step in constructing symptoms for overall wealth within the nations coated by means of the case reports, which come with Kenya, Uganda, Tanzania, Ethiopia, Mozambique and South Africa. those case reports test with enforcing the SEAA in sub-Saharan countries identified to be afflicted by the ‘resource curse’: their wealth in assets and commodities has allowed inflows of liquidity, but this funds has no longer funded an important advancements in infrastructure or schooling. What’s extra, resource-driven economies are hugely prone to commodity expense mutability. the hot measures of wealth deployed the following provide extra wish for the longer term in those nations than they themselves could as soon as have allowed for.
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Additional resources for Implementing Environmental Accounts: Case Studies from Eastern and Southern Africa
Edward Elgar Publishers, Cheltenham Mäler KG (1991) National accounts and environmental resources. Environ Res Econ 1(1):1–15 Mäler KG, Aniyar S, Jansson A (2007) Accounting for ecosystem services – a way to understand the requirements for sustainable development. PNAS 105(28):9501–9506 Ministry of Finance (Norway) (2005) Indicators for policies to enhance sustainable development. Ministry of Finance, Oslo Ministry of Mines and Energy (2000 to 2005) Annual report. MME, Windhoek. na Pearce D, Atkinson G (1993) Capital theory and the measurement of sustainable development: an indicator of weak sustainability.
4 Total National Wealth in Namibia The previous section has shown that the value of Namibia’s natural capital has decreased over the past two decades, largely the result of the depletion of mineral assets and failure to restore fisheries to levels seen several decades ago. But depletion of natural capital is not necessarily bad for the economy, if the rents from natural capital are used to build wealth in the form of other assets. An assessment of total wealth—produced capital, natural capital and foreign financial assets—will show whether depletion of natural capital has contributed to building national wealth (Table 5).
First, some uses, such as game meat production in protected areas, are prohibited through policy. Second, for most uses, only some animals are suitable for harvest, for example, those animals in the population of trophy quality or those adult animals in the population of suitable size for slaughter. Third, annual harvest of the products in question must be limited to the annual sustainable yield or less for those products. Fourth, some stocks cannot be viably exploited from an economic point of view, as they are too remote from human settlement and appropriate infrastructure, or have restricted markets for their products.