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Implementing Environmental Accounts: Case Studies from by Glenn-Marie Lange (auth.), Rashid M. Hassan, Eric D.

By Glenn-Marie Lange (auth.), Rashid M. Hassan, Eric D. Mungatana (eds.)

Leaving apart human and social capital for a destiny quantity, the publication will be considered as a very important first step in constructing signs for overall wealth within the nations lined through the case reports, which come with Kenya, Uganda, Tanzania, Ethiopia, Mozambique and South Africa. those case experiences test with enforcing the SEAA in sub-Saharan countries identified to be afflicted by the ‘resource curse’: their wealth in assets and commodities has allowed inflows of liquidity, but this funds has no longer funded an important advancements in infrastructure or schooling. What’s extra, resource-driven economies are hugely susceptible to commodity expense mutability. the recent measures of wealth deployed right here provide extra desire for the long run in those nations than they themselves could as soon as have allowed for.

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This occurs in years when rents for other minerals (not reported here) are negative, that is, mining companies do not earn enough to cover their full capital costs including a normal profit. Pilchard generated the most rent at the beginning of Namibian independence but was eventually surpassed by hake. This is not surprising since Namibia already had an established pilchard fishery prior to independence and only achieved control over the other fisheries over the past decade. Pilchard has shown the greatest volatility of rent over the decade.

Gold mining began only in 1993. Reserves of minerals can be shown only for 2 years due to confidentiality issues mentioned earlier. The table shows considerable fluctuation of annual extraction. There are no confidentiality constraints on information about fisheries, so the entire account can be shown for each of the three major fisheries, including opening and closing stocks, annual catch and other volume changes. As mentioned earlier, reliable information about catch and stocks has only been available since Namibian independence in 1990.

We assembled the available data on estimated numbers of larger mammal species in the protected areas, the districts on private land and the conservancies on communal land. No data were available for communal land outside conservancies, but it is known that wildlife on this land is extremely scarce. The physical accounts were then valued in order to produce monetary asset accounts, so that in future, changes in the capital value of wildlife stocks can be measured. The current annual use of the wildlife asset base is detailed in flow accounts; the latter present the volumes and monetary values (economic characteristics) of this use.

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