This article provides an examination of market failure, focusing on the health service system (HSS) in Sierra Leone. Market failure in the country’s HSS is a real concern, and has gone unchecked for decades by successive governments. In view of the prevailing conditions, it is noted that...

During the last decades energy sector has undergone thoughtful structural changes, getting towards a more competitive environment, a process that it is highly controlled and monitored by regulatory authorities. The differences in the pace and extent of market reforms are mainly related to the...

One of the reasons for promoting sustainable consumption is that it may give rise to greater happiness of a greater number, at least in the long run. In this paper I explore the strength of that moral account. I take stock of the assumed effects of sustainable consumption on happiness and next...

Presently, environmental degradation is the prime concern of the world economies as a whole. Following this concern, Sustainable Development Goals designed by the UNDP raise the slogan “Clear Environment for All”. This paper has analyzed the impact of business freedom on environmental...

The south-central ecotone of the USA, characterized by a mix of forest, savanna, and grasslands, previously maintained by fire, is changing towards closed-canopy forest due to exclusion of fire. The management is complicated by the encroachment of species such as eastern redcedar (Juniperus...

In this study, nexuses between governance and natural resource rents are assessed in 44 sub-Saharan African countries using data for the period 1996-2016. The empirical evidence is based on Tobit regressions. The findings show that political governance (entailing “voice & accountability” and...

In this work we demonstrate the effects of different Chinese transport infrastructure investment strategies on long run marginal costs of steam coal supply in Europe. Increasing Chinese demand for steam coal will lead to a growing need for additional domestic infrastructure in China as...

Are efficiency improvements in the use of natural resources the key for sustainable development, are they the solution to environmental problems, or will second round effects - so-called rebound effects - compensate or even overcompensate potential savings, will they fire back? The answer to...

This paper is concerned with the classic topic of intertemporal resource economics: the optimal harvesting of renewable natural resources over time by one and several resource owners with conflicting interests. The traditional management model, dating back to Plourde (1970), is extended towards...

Andhra Pradesh has been experiencing increasing energy deficits since 2004-05. Energy deficit has increased from a negligible 0.7% in 2004-05 to 6.6% in 2009-10 and to a whopping 22.8% in 2012-13 (as per load generation balance report 2012-13, Central Electricity Authority, 2013). On the whole,...