1887

The Political Economy of Northern Regional Development

Vol. I

image of The Political Economy of Northern Regional Development

“...Taking the structure and functioning of the Arctic regional economies and the degree of economic dependence as a point of departure, these region’s self-reliance and comparative socio-economic performance is analyzed. The fundamental problem is still the dependency Arctic regions have on their mother economies in the south” “...the impact from climate changes and the global economy strongly influence the self-sufficiency constraints and potentials of the Arctic societies. Traditional approaches to economic valuation may not be sufficient to capture these relationships. Neo-classical economics and the trade off model look upon nature as a good commensurable with all other goods, and henceforward there is a substitution possibility. The rational self-interest and ‘homo economicus’ is however, not the same as responsible self-interest included in ecological economics. This suggests broader approaches to environmental uncertainties, which take into account ethical values and conflicts of interest”. Contributors: Hans Aage, Iulie Aslaksen, Andrée Caron, Gérard Duhaime, Solveig Glomsröd, Jón Haukur Ingimundarson, Ivar Jonsson, Jack Kruse, Joan Nymand Larsen, Svein Mathiesen, Anna Ingeborg Myhr, Birger Poppel, Rasmus Ole Rasmussen, Erik Reinert, Hugo Reinert, Chris Southcott, Gorm Winther, Lyudmila Zalkind.

English

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Climate change, natural resource dependency, and supply shocks: The case of Greenland

The effects of global change are felt across the Arctic with the spread and growth of industrial development and the growing role and presence of multinational corporations becoming a reality throughout much of the region. This combined with climate change is expected to contribute to some of the major physical, ecological, sociological, and economic changes already under way. Arctic societies feel the stress of these larger on going processes through the impact on both subsistence and large-scale resource exploitation. The effect of change depends on various adaptive capabilities in the Arctic, with these often being compromised due to limitations with respect to technology, wealth, institutions, infrastructure, and human resources.

English

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