Waste and Recycling：Theory and Empirics

As "business as usual" has become the mantra of today's world, it's unlikely to see a decrease in hazardous waste generated from greater economic growth. Written by renowned experts, the book suggests a solution, supported by theoretical arguments to this waste problem. The book discusses how main problems for waste management can be addressed through appropriate policies adopted by governments in OECD countries.

The book also raises thoughtful questions on how household waste management services should be privatized and who should pay for the disposal and recycling costs. It attempts to answer these questions. The book considers several factors hindering the first-best optimal outcome and highlights two crucial ones. It elaborates further with models and the solutions on how to overcome these obstacles.

The book covers not only traditional resource economics and waste management, but also the recent problem of Electric waste (E-waste) and illustrates in details, how the environments of developing countries are inevitably polluted even with the Basel ban Amendment in place. The book proposes an alternative international trading regulation to address E-waste. This book will certainly appeal to industry decision-makers, policy makers and legislators.

Takayoshi Shinkuma has been with the faculty of economics of Kansai University since 2008. He taught at Gifu Shotoku Gakuen University and Tokyo University of Foreign Studies. He holds a Ph.D. in human and environmental studies from Kyoto University. Professor Shinkuma researches on environmental economics, specifically in waste managment and recycling.

Shunsuke Managi is the Associate Professor of Resource and Environmental Economics at the Tohoku University, Japan, while also holding position as an Adjunct Associate Professor at the University of Tokyo. He is an editor of Environmental Economic and Policy Studies, a lead author for the Intergovernmental Panel on Climate Change, and is the author of "Technology, Natural Resources and Economic Growth: Improving the Environment for a Greener Future", published by Edward Elgar Publishing Ltd in 2011. He is the author of 8 books and 100 academic journal papers.