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Slide 1Slide 2Slide 3Slide 4Slide 5Slide 6Slide 7Slide 8Slide 9AGEC/FNR 406 LECTURE 36 Crop Improvement in Theory and PracticeSustainable Development World Commission on Environment and Development Definition:Sustainable development (SD) is a process by which current generations can “meet theirneeds without compromising the ability of future generations to meet their needs.”The definition is anthropocentric.Is this a “strong” or “weak” definition?“Vicious Cycle of Poverty”1. Low productivity of labor produces low incomes. 2. Low income leads to high emphasis on satisfyingconsumption needs in the present.3. Emphasis on current periods means savingsand investment (for future) are low.4. Low investment translates into low level ofproductivity of labor.“Vicious Cycle of Poverty”What makes labor productive?Human, Physical, or Natural Capital“Vicious Cycle of Poverty”How does this cycle of poverty impact the environment?As natural resources are degraded and depleted,the productivity of labor declines.Lower labor productivity encourages further use of natural resources...No escape? a “Poverty Trap”Effect of Population Growth? 1. Faster population growth implies greater consumption needs. 2. Emphasis on current consumption reduces savings and investment. 3. Low investment leads to greater exploitation of environmental resources. Policy issue: how to break the cycle?Example: Charcoal makingThree Key Issues in SD1. Irreversibility > can natural capital be restored?2. Uncertainty > can the natural system withstand stress?3. Scale > are threshold effects likely?Sustainability exerciseSee handout(1.1)(1.1) = 1.21(1.1)(1.1)(1.1) = 1.33 (1.1)(1.1)(1.1)(1.1) = 1.46(1.1)(1.1)(1.1)(1.1)(1.1) =


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Purdue AGEC 40600 - Lecture notes

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