Environmental Management for Sustainable Economic Development: The Singaporean Experience
Sathiendrakumar, R. (1995) Environmental Management for Sustainable Economic Development: The Singaporean Experience. The International Journal of Environmental Education and Information, 14 (1). pp. 63-74.
One component of sustainable economic development is economic efficiency. This is achieved by maximising service to a given stock of resources. This paper assumes that this objective is pursued by the Singaporean Government. Therefore, the paper will focus on the objective of maximising the stock of resources to throughput, which is the other component of sustainable development. Since it is assumed that the stock of resources is given in Singapore, the objective is to minimise the throughput to a given level of stock. The paper deals with policies pursued in Singapore to achieve (a) energy efficiency, (b) reduction in congestion, (c) reduction in air pollution, (d) improvement in water quality and (el waste reduction and waste disposal. The criteria to be used in selecting the appropriate policy instruments to achieve sustainable economic development are (a) efficiency, (b) acceptability, (c) equity and (d) flexibility. The paper highlights the importance of the market-based approach in environmental management. The paper also considers the role of institutions in achieving sustainable development in Singapore.
|Publication Type:||Journal Article|
|Murdoch Affiliation:||Murdoch Business School|
|Publisher:||Environmental Resources Unit, University of Salford, Salford, UK|
|Copyright:||Environmental Resources Unit, University of Salford, Salford, UK|
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