Nature and Wealth: A Parable from Beijing

Beijing’s air pollution – and the stark contrast between how the rich and poor are able to respond to the problem, is a theme of developing economics. To address the current structural imbalance Barbier suggests tackling the twin problems of excessive environmental degradation and insufficient human capital, which he calls a “Balanced Wealth Strategy.”

Edward B. Barbier John S. Bugas Professor of Economics, University of Wyoming via CHINA US Focus http://ift.tt/1OALM41