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Water trading is the process of buying and selling water access entitlements, also often called water rights. The terms of the trade can be either permanent or temporary, depending on the legal status of the water rights. Some of the western states of the United States, Chile, South Africa, Australia, Iran and Spain 's Canary Islands have water ...
One of the main differences between so-called "freshwater economics" and "saltwater economics" were in their findings on the effects of and relative importance of structural and discretionary policies. An implication of saltwater economic theory was that the government has an important role to play in order to actively and discretionarily ...
Doughnut (economic model) The Doughnut, or Doughnut economics, is a visual framework for sustainable development – shaped like a doughnut or lifebelt – combining the concept of planetary boundaries with the complementary concept of social boundaries. [1] The name derives from the shape of the diagram, i.e. a disc with a hole in the middle.
Society portal. v. t. e. Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their local or regional economy, or the global economy .
Blue economy is a term in economics relating to the exploitation, preservation and regeneration of the marine environment. Its scope of interpretation varies among organizations. However, the term is generally used in the scope of international development when describing a sustainable development approach to coastal resources.
The water scarcity issues around the world largely revolve around lack of access to fresh water; water is still extremely abundant in the world. Desalination is a method of turning unusable saltwater into potable water. In a sense, it is transporting water from areas of high availability into low availability. Aqueduct systems do the same.
Econodynamics. Economic dynamics is an empirical science that studies emergences, motion and disappearance of value —a specific concept that is used for description of the processes of creation and distribution of wealth. Any economic theory deals with the interpretation of economic processes based on the law of production of value, and ...
t. e. The subjective theory of value (STV) is an economic theory for explaining how the value of goods and services are not only set but also how they can fluctuate over time. The contrasting system is typically known as the labor theory of value . STV's development helped to better understand human action and decision making in economics.