The Road Ahead

Part of the Natural Resource Management and Policy book series (NRMP, volume 32)


To gain a global economic perspective, India is one of the most important countries to understand. It is the world's largest democracy and the world's fourth largest economy in terms of purchasing power parity. However, about one-third of the total population of the country survives on less than US$1 per day. These two facts lead to degradation and depletion of the environment and natural resources. Similarly, the country has elaborate statutes, regulations, institutional frameworks and policies on almost every conceivable topic — from hazardous waste to public liability for forests and wildlife. However, monitoring and enforcement capabilities are weak.


Shadow Prex Directional Distance Function Real Effective Exchange Rate Capita Emission Technical Efficiency Change 
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Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.TERI UniversityIHC ComplexIndia
  2. 2.Yokohama National UniversityYokohamaJapan

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