ResourcesandtheThirdWorld-UniversityofKentucky.pptVIP

Resources and Third World Development Sustainable Development Attempt in recent years to understand poverty, development and environmental degradation interrelationships Sustainable development seeks to achieve lasting satisfaction of human needs and improvement of the quality of life and encompasses: Help for the very poorest who are left with no option but to destroy their environment to survive; Idea of self-reliant development with natural resource constraints Cost effective development using different economic criteria to the traditional –i.e. development should not degrade environment Importance of Resources in Development All forms of production make demands on the resource base Resources are consumed through human activities in fulfilling basic needs Predominant view is that resources are given value in regard to functions they perform, according to levels of development and aspirations of a society Environmental resources are viewed as stocks, often fixed, limited and non-renewable, found in nature Debate over adequacy of resources to support societal demands Resources must reflect human appraisal; limits no imposed by non-human environment but by human ingenuity in perceiving value Gasoline Prices in America In the 1950s gasoline prices were 30 cents a gallon and for this you had your oil and tire pressure checked Today in California, shown here, gasoline prices have hit $3 per gallon; Britain $5.43, Germany $5.12, France $4.38, Japan $3.66 Is $7 a gallon possible? Oil as a Non-renewable Resource US imports roughly 50% oil that it uses One-quarter of total imports come from Persian Gulf Easing our dependency on Middle Eastern oil producers could simplify foreign policy Is this possible? Where are alternative sources of oil? Alternative Sources of Oil Russia, second only to Saudi Arabia, produces 7mil barrels per day Caspian republics, Kazakhstan and Azerbaijan, produce 2mil barrels per day Latin America expected to grow by 3mil barrels per day by 2010 Tec