Problem
Failure to take account of externalities of systems
Broader Problems:
Imperfect accountingDisregard of opportunity costsInadequate economic policy-makingInadequate environmental impact assessmentQuantitative understanding of responsibility Narrower Problems:
Lack of demolition planningInadequacy of scientific reasoningHidden environmental costs of economic production Related Problems:
Prohibitive cost of electricityIneffectual environmental policyOutdated production line methods Aggravates:
Ineffectual environmental policyUnsustainable economic developmentAccountability based solely on profitInadequacy of economic accounting systemsUndervaluation of asset replacement costsEnvironmental hazards of industrializationUnconstrained exploitation of natural resourcesUndervaluation of nature in planning and decision makingLack of incentive to care for community propertyInappropriate agricultural subsidies for chemicalized farming Reduced By:
Commercialization of natureStrategies:
Capturing environmental valueResearching economics of conservationCosting environmental damageUsing full cost accountingReforming Gross Domestic ProductExpanding international information on cleaner productionProviding environmental assistance to developing countriesUndervaluing environmental processesExcluding inconvenient policy factorsTaking account of externalities of systemsRevealing hidden environmental costs of economic productionConcealing environmental costs of economic production References:
Helleiner, Gerald K: Trade Policy, Industrialization and Development: new perspectivesRifkin, Jeremy K: Biosphere Politics Subject(s):
→ SystemsSocietal Problems → Failure
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
30.10.2020 – 19:57 CET