IEA Seminar on Globalization and Land Use in India (ePub)

Scientific Essay from the year 2011 in the subject Politics - Region: South Asia, , course: MaharaniLakshmi Ammanni Centre for Social Science Research , language: English, abstract: Land is an essential resource for economic development. But it is also
vital for the survival of humanity and planet earth itself. Natural
balance with the environment of earth gets disturbed. Nothing will
happen to the universe. (Bodies like earth emerge and get destroyed,
time and on in the universe.) Economic theory has indicated the need
for discretion in the use of land right from Adam Smith by projecting
the law of diminishing returns. The greater the economic
opportunities, greater has been the use of land without considering
the scarcity of land and its balance with other elements of nature.
Globalization ushered in after 1999 has brought a plethora of
economic opportunities in the form of investment, trade and
employment opportunities enhancing income all over the world
having multiplier effect further on. It is of pertinent value to know
how globalization affects land use. The value addition out of
contemplating and discussing the classification cf land use, change in
proportion of land used for various purposes is critical at present as it is
affecting sustainable development. It is triggering skepticism about the
goodness cf globalization. It is that Globalization, which is hailed in
Economics as the harbinger of economic paradise on earth.
The value addition out of contemplating and discussing the
classification of land use, change in proportion of land used
for various purposes is critical at present as it is affecting
sustainable development. [...]