The study has established that availability of natural resources presents a clear opportunity for development and the challenge facing the country is how to transform the resources in the ground to assets that can lead to tangible sustainable economic growth, economic divergence, reduction of inequality and poverty, and equity between generations and development of critical infrastructure like roads in the country. Managing these natural resources and using conservation technologies can help society maintain and extend the time these resources can be used to meet human needs and wants. O1,Q0 ABSTRACT It is striking how often countries with oil or other natural resource wealth have failed to grow more rapidly than those without. (2020, March 31). It has been asserted that there are many factors that come into play when determining the economic development of a country and includes natural resources, physical capital and manpower resources. 15). This research paper on Natural Resources and the Environment was written and submitted by your fellow <>>> <> You can use them for inspiration, an insight into a particular topic, a handy source of reference, or even just as a template of a certain type of paper. stream Natural resources can be defined as the resources that exist (on the planet) independent of human actions. Join. Retrieved from https://ivypanda.com/essays/natural-resources-and-the-environment/. It is asserted that the fall in iron ore prices has weighed greatly on real GDP of the country and is expected to do so in the coming future. .XDe;6jZn"m9xhNt 54gp69bi_YmZ|~F:.h|jsu~=.d7pyIJ4%xq6V Examples of natural resources that can easily be depleted include natural gas and oil, which are formed over a long period. The USDA Forest Service has, The past two decades have seen numerous changes In ideas that infonn the tourism industry. 3 0 obj &P8O9V>sR'i1WIw tVu1\k*ZU>&T9l3FR0)5 z2r!kw{6v#2gMCthI!*5RW=|*1NRrD>GQRmF} |n endstream endobj 13 0 obj 288 endobj 10 0 obj << /Type /XObject /Subtype /Image /Name /im1 /Filter /DCTDecode /Width 157 /Height 106 /BitsPerComponent 8 /ColorSpace /DeviceGray /Length 11 0 R >> stream Natural resources enable people to make products for everyday use. For example, the use of natural gas, oil, and coal leads to the production of carbon dioxide, which pollutes the environment. These demands also require development outcomes of the infrastructure of roads and transport systems in the economy of the country (Pearce et al, 2013). (2009). (2013). Explore the latest full-text research PDFs, articles, conference papers, preprints and more on NATURAL RESOURCE MANAGEMENT. !nTqDnQ: yRX+[*(ApprmS8Yz+&7H08eG~6`(1jBw{A1J@[ T@'!,yEUGnyEv_ 60 jmj'u=lH[h|f ;C=i,:pm;&{|~1AYT*x2YCf~LAYIOfSu(b*#:>'K@vl[bHddd. The volatility of natural resource prices is attributed to several factors that include weak organizational structures and political unrests in developing economies that has resulted to incomplete competition on the natural resource market. The most common sources are deforestation, erosion, contamination and pollution of resources, industrial and technological development, over-consumption and waste, and soil degradation (Mittal. In addition, it has been established that the backstop-technologies substitution potential has also stimulated volatility for example, the solar industry that has the potential of reducing the demand of fossil energy and change the structure of the energy supply sector and technology development like fracking, it has led to environmental degradation and consequently led to general uncertainties about the existing reserves, thereby influencing the existing natural resources market. Legal. An analysis of the effects above of extraction, disposal, and use of natural resources shows the need to come up with strategies to counter the negative effects of natural resources on the environment. IvyPanda. must. B. The principle Researchers have established that falling iron ore prices in the global market can reduce household income, and therefore household expenditure, through several different channels. $15.00. On the other hand, the renewable resources are those endowments, which can be naturally reinstated (Barbier, 2007). studydraft.org comments sorted by Best Top New Controversial Q&A Add a Comment . Using examples of successful, Abstract Tourism's effects on the social, cultural and physical environments in which it operates are well documented. Official Journal of the International Association for Mathematical Geosciences. "Rice Creek: Differences in chemical properties and aquatic macroinvertebrate populations between forested and agricultural sites." 2017. However, it is worth mentioning that the usage and exploitation of the natural resources depends on the attitude of the people of a particular region, and hence, the above observation has also been seen to be reversed in some cases. Nature and wealth: Overcoming environmental scarcity and inequality. Extracting of mineral resources, their processing, and even their use has been associated with a myriad of negative environmental effects. Research paper on natural resources pdf . Any paper at any academic level. On the contrary, economists have pronounced that profits in traded activities such as manufacturing often suffer due to the countrys currency appreciation, which makes import cheaper and export more expensive and therefore undermining economic growth and development pace. This is explained by the fact that the food that humans take is either from animals or plants. They may be caused by small collisions of transportation vessels, mishandling of chemicals or oil, poor disposal of used oil and chemicals, transfer mishaps or even major spill events like the infamous BP oil spill. The table 1 shows the landuse pattern of the city and it also shows how natural resources are degrading day by day by the human activities from 1977 to 2007. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Semantic Scholar is a free, AI-powered research tool for scientific literature, based at the Allen Institute for AI. Moreover, the study also elaborated that that Plateau 2 has a 40 percent lump and a 60 percent finest ratio, in the consolidated zone the lump is standing at 15 percent with a fine ratio of 80 percent. This is the phenomenon known as the Natural Resource Curse. The villages of Bhilangana Valley in Garhwal Himalayas, Within a context of global trade liberalisation and constrained national budgets, agriculture in many countries has proved incapable of sustaining household livelihoods an d socio-economic, At present tourism is considered as one of the important economic sector, which impels the growth & development of many of the states of India. This fact has made many of the natural resources that the world has been blessed with to be undervalued. Financial experts have confirmed that the effects are as a result of variations in the exchange rate, the reactions of monetary and fiscal policies and the magnitude to which families and businesses rejoin to the vicissitudes in relative prices they face (Pearce et al, 2013). IvyPanda. Research has found out that volatile prices of natural resources pose far greater threats to economic development than physical scarcities. Being a greenhouse gas, carbon dioxide traps solar heat and contributes to global warming. U{a/|`8G?aZxaZ}?5 - ~^C\|G R& Instead, the government has chosen to counterbalance subordinate tax and royalty receipts partly through fiscal limitation on current expenditures, such as transmission payments to households, and partly by increasing borrowing and thus reducing the rate of economic development. Analysts have alluded that natural resources can be divided into renewable and non-renewable resources, where the latter can be used only once (Barbier, 2007). HuQJ@y9os\[k R1IV-D This journal publishes quantitative studies of natural (mainly but not limited to mineral) resources exploration, evaluation and exploitation, including environmental and . Need a custom Research Paper sample written from scratch by These are the resources that are found in the environment and are developed without the intervention of humans. About 30% of the worlds tourism is on the coast or within the coastal zone and in addition the economy of that area depends on the coastal tourism besides their other profession like fisheries, Wildlife tourism is gaining popularity day by day. It has been established that fluctuating and volatility of natural resources prices creates chaotic chain reactions prompting governments and businesses to get grips with new world order defined by resource politics. The analysis will comprise the relation of the issue and the non-renewable, and pointing out on the relationship that have with an outcome in economic development, this will form the basis of the paper and then conclusion will follow. Environment in the Third World. Spills in coastal waters have devastating effects on the ecosystems thriving there. The deal will enable the company to mine around 95 million tonnes of iron ore annually, turning the country to one of the top producers of iron ore in the world and in the process doubling the countrys GDP and stimulating economic development. It has been ascertained that Guinea is one of the countries in the world that have rich iron ore reserve natural resource and has not been able to benefit from the natural resource due to volatility in prices, sustained instability, political interferences and poor infrastructure. x=r9?nfPUlg3e% IE^8"{Y#;cu,\>=llxU'PE[VxUT?Uh.M[IU7Ozv]Wk{Y)u_Yz5=U7x. Such products include clothes, refrigerators, computers, containers, toothpaste, etcetera (Natural Reseources, 2012, para. If reading 100-page-long academic articles and digging into every piece of information doesn't sound like something you'd want to do on a Sunday night, hire our essay writing company to do your research proposal. Oil and chemical minerals have attracted the attention of numerous environmentalists due to the pollution risk they pose to the environment. It has also been established that the existence of positive wealth shocks from the natural resource sector generates an increased request for non-traded products and energies up non-traded production and prices and inflicting on the input costa and salaries. (2020) 'Natural Resources and the Environment'. This article considers international and multidisciplinary research evidence of the possible impacts that changing biophysical and social environments can have on the sustainability of natural resources, and explores how such evidence is being used globally and nationally to influence policy decisions. Environmentalists have confirmed that a section of the resources are available in plenty and are scattered everywhere like wind and sunlight, others like timber and water can be replenished. The reason for the changes in price is due to the reduction in the demand for steel in China that has been confirmed to be using around 65 percent of iron ore supply to constitute 50 percent of steel in the world.
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