This paper estimates the elasticity of elephant poaching with respect to prices. To identify the supply curve, the authors observe that ivory is a storable commodity and hence subject to Hotelling's no-arbitrage condition. The price of gold, one of many commodities used as stores of value, is thus used as an instrument for ivory prices.
This study surveys one of the critical welfare aspects of contemplating climate policies in developing countries and their potential effect on workers and labor markets. The existing body of evidence finds that climate policies will likely cause a significant reduction of jobs in fossil-fuel industries.
The Third Economic Update, Agriculture as an Engine of Growth and Jobs Creation, examines the agriculture sector’s potential to be one of the leading sectors for a more diversified economy and how the sector could be transformed to be an engine of growth and job creation.
Tourism is an engine for jobs, exports, and investments. The tourism sector is also the largest, global, market-based contributor to financing protected area systems. Nature-based tourism (NBT) is a sub-component of
South Asia is highly vulnerable to climate change. Given that many of the poor live in areas prone to climactic shifts and in occupations that are highly climate-sensitive, such as agriculture and fisheries, future climate change could have significant implications for living standards.
National income is underpinned by a country's wealth--measured comprehensively to include all assets, produced capital, human capital, natural capital and net financial assets--and sustained economic growth over the long term requires investment in this broad portfolio of assets.
Over the last decade, a policy revolution has been under way in the developing and emerging world. Country after country are systematically providing noncontributory transfers to poor and vulnerable people, in order to protect them against economic shocks and to enable them to invest in themselves and their children.
Recurrent cyclonic storms in the Bay of Bengal inflict massive losses on the coastal regions of Bangladesh and India. Information on occurrences and severities of cyclones is necessary for understanding household and community responses to cyclone risks.