The significance of non-renewable resources in economic development is an on-going debate between optimists and pessimists, but what insights does it provide for contemporary societies who need to choose between alternative growth paths? This paper aims to explain the depletion of non-renewable resources within the concept of externalities in order to determine the range of externalities for fu...

The economic ramifications of the creation of a knowledge-based economy (KBE) are that it would increase the competitiveness of a country and at the same time increase its stock of knowledge for future economic innovations. Economists have now shifted their focus to the creation and diffusion of knowledge to explain the varying levels of this economic growth and development. In the last couple ...

In this, the first comprehensive one-volume survey of the economies of classical antiquity, twenty-eight chapters summarize the current state of scholarship in their specialized fields and sketch new directions for research. The approach taken is both thematic, with chapters on the underlying determinants of economic performance, and chronological, with coverage of the whole of the Greek and Ro...

"This paper, in a comparative analysis of the Philippines and Indonesia, examines first under what conditions can migration favorably contribute to the process of economic development and then to what extent can economic growth impact upon reducing emigration pressures in these labor surplus economies. The paper also argues that there is still considerable scope for putting in place [an] agreed...

The term sustainable development has been misunderstood and misinterpreted, often parodied, and even derided. Today we face the consequences of our wilful dismissal. Climate change is upon us. Had we taken sustainable development more seriously, we might have done far more to create a healthy society and environment. But unbridled economic development, predicated on unfettered use of resources,...

This paper provides an overview of the venture capital industry, and its development in Asia and Singapore. Venture capital plays an important role in innovation and economic growth. Indeed, the resurgence of the United States as a technology leader is intimately linked to the success of Silicon Valley. As Singapore enters the next phase of economic development, the creation of internal engines...

Economic aspects of possible land use strategies and protection measures in coastal zones as a response to global environmental change are examined. First, some key elements are mentioned that are of critical importance for water and land management in coastal zones. Next, various socio-economic repercussions are discussed. In this context, research needs will be addressed. Subsequently, these ...

Municipal infrastructure is a fundamental facility for the normal operation and development of an urban city and is of significance for the stable progress of sustainable urbanization around the world, especially in developing countries. Based on the municipal infrastructure data of the prefecture-level cities in China, municipal infrastructure development is assessed comprehensively using a FA...

This symposium explores the role of health as an 'economic engine' in the lower Mississippi River Delta region of the United States. The health as an economic engine model proposes that health is an important and perhaps critical determinant of economic growth and development. This model is the reverse of the more commonly considered paradigm in which economic conditions are major determinants ...

The EOQ and EPQ models with linear and fixed backorder costs are newly analyzed and all formulae are proven using only algebra. Two cases are identified, where backorders should and should not be allowed. The results are shown to include several known special cases. r 2004 Elsevier B.V. All rights reserved.