Sustainable Economic Development

Arsenio Balisacan is a Professor of Economics at the UP School of Economics (on secondment) and Secretary of Socioeconomic Planning in the Cabinet of President Benigno S. Aquino III, Republic of the Philippines. Ujjayant Chakravorty is Professor of Economics at Tufts University and Fellow at the Toulouse School of Economics and CESifo. Majah-Leah V. Ravago is Assistant Professor and currently Director for Research at the UP School of Economics.

“If we are to understand the impact of public policy on sustainable economic development and poverty reduction, we must likewise understand the structure of the economy and its institutions. The illustrious authors of this volume contribute to this mission by providing an integrated vision of an economy's natural resources, institutions of governance, and especially its agricultural and rural development." --His Excellency Benigno S. Aquino III, President of Republic of the Philippines

• I. Introduction and Synthesis1. Principles and Practice of Sustainable Development Analysis: Overview and Synthesis2. Reflections on the Foundations of Development Policy Analysis II. Resources, Environment and Sustainable Development3. Scarcity, Security and Sustainable Development 4. The Economics of Fossil Fuels and Pollution5. Groundwater Economics6. Optimal Joint Management of Interdependent Resources: Groundwater vs. Kiawe (Prosopis pallida)7. Win-Win Solutions for Restoration and Maize Farming: A Case Study of Nan, ThailandIII. Institutions, Governance and Political Economy 8. The Role of Institutions in Natural Resource Use9. Public Choice and the Generalized Resource Curse10. Governance beyond Governments: A Multi-stakeholder Approach to Inclusive Commercial Agriculture in Africa11. Land Confiscations and Land Reform in Natural-Order States12. Regional Integration and Illicit Economy in Fragile Nations: Perspectives from Afghanistan and Myanmar 13. Corruption, Transactions Costs and Network Relationships: Governance Challenges for ThailandIV. The Nature, Causes, and Consequences of Agricultural Development Policy 14. The Role of Agricultural Economists in Sustaining Bad Programs15. Agricultural R&D Policy and Long-Run Food Security16. Energy and Agriculture: Evolving Dynamics and Future Implications17. Trends and Fluctuations in Agricultural Price Distortions 18. Getting the Price of Thai Rice Right: Episode II19. Philippine Rice Self-sufficiency Program: Pitfalls and Remedies20. Production Specialization and Market Participation of Smallholder Agricultural Households in Developing CountriesV. Development, Vulnerability and Poverty Reduction21. Deviant Behavior: A Century of Philippine Industrialization 22. Bundling Drought Tolerance and Index Insurance to Reduce Rural Household Vulnerability to Drought23. Have Natural Disasters Become Deadlier?24. The Growth-Poverty Nexus: Multidimensional Poverty in the Philippines25. Poverty Reduction and the Composition of Growth in the Mekong Economies