The Need for Developing Economic Assessment Approaches for Undervalued Natural Resources: Rivers and Wetlands
Parsons, Keith A.
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Conventional economic assessment techniques have historically undervalued existing natural resources resulting in unwise and deleterious growth management decisions. Degraded water quality, diminution or loss of recreational and commercial fisheries, increased siltation and sediment deposition in rivers and lakes, loss of wildlife habitat, and general aesthetic losses are the consequences of decision making based on incomplete economic analysis. We propose developing additional strategies to appropriately determine economic and societal values inherent in natural river and wetland systems which have historically been over looked. Furthermore, much of the data collection and analysis can be undertaken by citizen organizations dedicated to restoring and protecting the quality of the rivers, wetlands, and other natural resources in their communities..