Environment and Development in a Resource-Rich Economy : Malaysia under the New Economic Policy Book

Foreword

Preface

Acknowledgments

Natural Resources and the Environment in the Malaysian Context

Malaysia: key features Natural resources and development during the colonial period

The New Economic Policy

Trends in natural resource utilization and environmental quality during the NEP period

Institutional aspects of natural resource and environmental management

Questions for research

Natural Resources and Economic Sustainability

Introduction

Resource rents and sustainability

Resource depletion and economic sustainability in Malaysia

Conclusions

Appendix: Mineral consumption allowances

Appendix: Timber consumption allowances

Appendix: Capital consumption allowances

Petroleum

Introduction

Basic analytics of oil contracts

Development of institutional arrangements in the oil sector

Economic analysis of production -sharing contracts

Conclusions

Forests

Introduction

Basic concepts in forest economics

Deforestation

Timber depletion

Conclusions

Appendix: Deforestation regressions

Agricultural Land

Introduction

Emergence of the idle land issue

The extent of idle land

The policy response to idle land

Socioeconomic and institutional explanations for idle land

Conclusions

Marine Fisheries

Introduction

Fundamental concepts of fisheries economics

Development of west coast fisheries during the 1970s and 1980s

Economic analysis of catch and effort in west coast fisheries during the 1980s

Conclusions

Appendix: Bioeconomic model of west coast fisheries

Freshwater

Introduction

Economics of water resource development

Water resource development in Malaysia

Conclusions

Pollution and Economic Development

Introduction

Cross-country studies of the pollution/development relationship

The pollution/development relationship in Malaysia

Conclusions

Appendix: Analysis of ambient environmental quality and development

Air Pollution and Health

Introduction

Valuing lives saved

Development of air pollution policies in Malaysia

Mortality-related benefits in urban areas in Malaysia in 1991

Conclusions

Water Pollution Control

Introduction

The economic approach to pollution control

Palm-oil effluent charges in Malaysia

Cost savings of the effluent charges in the Sungai Johor basin

Conclusions

Appendix: Estimation and solution of the simulation model for CPO mills on the Sungai Johor

Conclusions

What were the links between natural resources and economic growth?

Were natural resources managed to maximize net benefits?

What were the links between economic development and environmental quality?

Was environmental quality managed to maximize net benefits?

Bibliography

Contributors

Index