Economic Growth, Environment and Development

The book is a first-hand analysis of research work in India and Indonesia showing the EIP concept as not only an interesting approach to environmental protection but also with the potential to stimulate economic growth. So far, the results have far-reaching consequences. They not only underline the significance of the Eco-Industrial Park (EIP) concept but also provide a tool for developing countries leading them away from their economic growth trap: industrialisation and continual environmental deterioration. The book presents three case studies of EIP application in Asia. These are analysed in the light of economic growth theory and especially the endogenous growth theory, environmental considerations as well as development economics. This offers new conclusions on the relationship between economic growth and environment in developing countries, supplementing previous academic discussion, that developing countries can protect the environment without compromising environmental quality. This conclusion is of extraordinary consequence for environmental policy, development policy as well as economic policy. The book also gives an interesting overview of the industrial development in India and Indonesia with regard to the environment. Special emphasis is given to the role of industrial estates. It has a strong theoretical basis, transferring the findings directly to practical EIP strategy and offering first-hand results from field experience.