Ecological Economics or Green Economics is another transdisciplinary field of research that aims to consider the interdependence of human economies and natural ecosystems particularly in case of utilization of material resources. It provides more importance to the ecological dependency of human affairs and treats the economy as a subsystem of the ecology.

Ecological economists have questioned many of the fundamental mainstream economic approaches such as cost-benefit analysis and the separatability of economic values from scientific research, contending that economics is unavoidably normative rather than positive. Moreover, the rationale of market mechanism itself came under fire by pointing out that market forces are miserably incapable of managing natural environment optimally. There is no invisible hand to make equilibrium between waste emission and environmental degradation. Though the early modern interest in ecology and economics dates back to the 1940s, it was in 1989 that the International Society for Ecological Economics has been founded and its journal, Ecological Economics by Elsevier published. The writings of E.F. Schumacher were instrumental in formulating the ecological aspects of economics and his book Small Is Beautiful – A Study of Economics as if People Mattered (1973) was considered as a classic in this area.

The center focuses on the themes like ecological/green economics from a theoretical and practical standpoint Industrial symbiosis, Sustainable development, Natural resources and environmental pressures, Industrial ecosystems, Eco-design, Circulatory streams of material, Lifecycle analysis, Network theory, driving forces and barriers to sustainable development, Ethical finance, Social banking, Ethical and environmental responsibility related to business planning, Social entrepreneurs, Communal assignments and social entrepreneurship, Social entrepreneurship and bottom-up initiatives, Business ethics, Stakeholder theory and corporate social responsibility (CSR).




Alternatives to Economic Globalization: A Better World Is Possible

Berrett-Koehler Publishers, 2002

Written by a premier group of 21 thinkers from around the world, the second edition of Alternatives to Economic Globalization lays out democratic, ecologically sound, socially just alternatives to corporate globalization more fully, specifically, and thoughtfully than has ever been done before. Focusing on constructive, achievable goals, the authors present ten governing principles for establishing truly sustainable societies and describe alternatives to the World Bank, the IMF, and the WTO that would better serve the needs of the planet. They offer detailed proposals for protecting vital goods and services from corporate exploitation, limiting corporate privileges and power, rebuilding economies to make them more responsive to human needs, and more.

This revised and expanded edition features a new opening chapter on the global balance of power, a new section on the media and globalization, and a new final chapter on what ordinary citizens can do to fight the injustices of globalization. It also includes many new charts, sidebars, and other updated information.




Development and the Environmental Crisis: Red Or Green Alternatives

Author: Michael Redclift, 2010

First published in 1984, Michael Redclift’s book makes the global environmental crisis a central concern of political economy and its structural causes a central concern of environmentalism.

Michael Redclift argues that a close analysis of the environmental crisis in the South reveals the importance of the share of resources obtained by different social groups. The development strategies based on the experiences and interests of Western capitalist countries fail to recognise that environmental degradation in the South is a product of inequalities in both global and local economic relations and cannot be solved simply by applying solutions borrowed from environmentalism in the North. The key to understanding the South’s environmental problems lies in the recognition that structural processes – markets, technology, state intervention – are also a determining influence upon the way natural resources are used.

Through his review of Europe’s Green Movement, contemporary breakthroughs in biotechnology and information systems and recent feminist discourse, Michael Redclift has enlarged the compass of the environmental debate and produced a book which should serve as a benchmark in future discussions of development and the environment. It will be of importance to students in a range of disciplines, within development studies, geography, ecology and the social sciences.




Ecology, Environment and Tourism

Author: L.K. Singh, 2008

Dealing with the relationship between environment and tourism , the latter s impact of the former, Ecology, Environment and Tourism is a fine volume covering a wide range issues from environmental pollution to legislations governing pollution activities, from impacts of tourist activities on wildlife, wetland and marine environment to responsible tourism development and sustainable tourism development. The suggestions proposed in this book will make a meaningfully new contribution to the field of study. Though modeled in Indian tourism context, the book, with its universally applicable base, will be well-informed read to any reader across the world.,+Environment+and+Tourism&hl=en&sa=X&ved=0ahUKEwji7- TxifPbAhWQXn0KHZmdCsEQ6AEIKDAA#v=onepage&q=Ecology%2C%20Environment%20and%20Tourism&f=false