The future of the commons

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Traditional economic models of how to manage environmental problems relating to renewable natural resources, such as fisheries, have tended to recommend either government regulation or privatisation and the explicit definition of property rights. These traditional models ignore the practical reality of natural resource management. Many communities are able to spontaneously develop their own approaches to managing such common-pool resources. In the words of Mark Pennington: '[Professor Ostrom's] book Governing the Commons is a superb testament to the understanding that can be gained when economists observe in close-up detail how people craft arrangements to solve problems in ways often beyond the imagination of textbook theorists.' In particular, communities are often able to find stable and effective ways to define the boundaries of a common-pool resource, define the rules for its use and effectively enforce those rules. The effective management of a natural resource often requires 'polycentric' systems of governance where various entities have some role in the process. Government may play a role in some circumstances, perhaps by providing information to resource users or by assisting enforcement processes through court systems. Elinor Ostrom's work in this field, for which she won the Nobel Prize in economics in 2009, was grounded in the detailed empirical study of how communities managed common-pool resources in practice. It is essential that we avoid the 'panacea problem'. There is no correct way to manage common-pool resources that will always be effective. Different ways of managing resources will be appropriate in different contexts - for example within different cultures or where there are different physical characteristics of a natural resource. Nevertheless, there are principles that we can draw from the detailed study of the salient features of different cases to help us understand how different common-pool resources might be best managed; which rules systems and systems of organisation have the best chance of success or failure; and so on. Elinor Ostrom's approach has been praised by the left, who often see it as being opposed to free-market privatisation initiatives. In fact, her approach sits firmly within the classical liberal tradition of political economy. She observes communities freely choosing their own mechanisms to manage natural resource problems without government coercion or planning. In developing a viable approach to the management of the commons, it is important, among other things, that a resource can be clearly defined and that the rules governing the use of the resource are adapted to local conditions. This suggests that rules imposed from outside, such as by government agencies, are unlikely to be successful. There are important areas of natural resource management where Elinor Ostrom's ideas should be adopted to avoid environmental catastrophe. Perhaps the most obvious example relevant to the UK is in European Union fisheries policy. Here, there is one centralised model for the management of the resource that is applied right across the European Union, ignoring all the evidence about the failure of that approach.

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Governing The Commons

Rating: 5 / 5 | Prijs: € 19.06

The governance of natural resources used by many individuals in common is an issue of increasing concern to policy analysts both state control and privatization of resources have been advocated but neither the state nor the market have been uniformly successful in solving common pool resource prob Op voorraad. Voor 23:59 uur besteld, dinsdag in huis .. MEER INFO

Plunder of the Commons A Manifesto for Sharing Public Wealth Pelican Books

Rating: 0 / 5 | Prijs: € 11.04

one of the most important books i ve read in years brian enowe are losing the commons austerity and neoliberal policies have depleted our shared wealth our national utilities have been sold off to foreign conglomerates social housing is almost non existent our parks are cordoned off for privat Uiterlijk 5 december in huis .. MEER INFO

Elinor Ostrom's Rules for Radicals

Rating: 0 / 5 | Prijs: € 13.99

elinor ostrom was the first woman to win the nobel prize for economics her theorising of the commons has been celebrated as groundbreaking and opening the way for non capitalist economic alternatives yet many radicals know little about her this book redresses this revealing the indispensabilit Direct beschikbaar .. MEER INFO

Taal: en

Bindwijze: Paperback

Oorspronkelijke releasedatum: 13 november 2012

Aantal pagina's: 107

Illustraties: Nee

Hoofdauteur: Elinor Ostrom

Tweede Auteur: The late Elinor Ostrom

Hoofduitgeverij: Institute Of Economic Affairs

Extra groot lettertype: Nee

Product breedte: 127 mm

Product hoogte: 13 mm

Product lengte: 203 mm

Studieboek: Ja

Verpakking breedte: 25 mm

Verpakking hoogte: 17 mm

Verpakking lengte: 95 mm

Verpakkingsgewicht: 33 g

EAN: 9780255366533

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