- Title
- Towards a model of eco-sustainable agricultural production in a regulated river basin
- Creator
- Courvisanos, Jerry; Richardson, Colin
- Date
- 2011
- Type
- Text; Journal article
- Identifier
- http://researchonline.federation.edu.au/vital/access/HandleResolver/1959.17/59277
- Identifier
- vital:4986
- Identifier
- ISSN:2032-5355
- Abstract
- A clear path to the new eco-sustainable techno-economic paradigm is mapped out in Courvisanos (2009a) using a framework for innovation and investment developed from the seminal work of Adolph Lowe and Michal Kalecki. This theoretical framework is based around three elements that are crucial to achieving this eco-sustainable paradigm: (i) cumulative effective demand for eco-sustainable products, services and processes, (ii) ecological rules for capital investment to ensure resource saving and long-term carrying capacity, and (iii) iterative flexible public and private planning and monitoring processes to allow ecologically sustainable innovation to be supported by infrastructure, R&D and learning and development systems. This path was specifically applied in Courvisanos (2009a) to regional (non-metropolitan) Australia, an area of food and fibre production that is fragile because of drought, fire and massive storms due to ecological degradation and greenhouse warming. The heartland of regional Australia is the nation’s food bowl, the Murray-Darling River Basin (MDRB), which is under great stress due to salination and drought. There also is great rainfall variability with huge floods due to climate change, as became evident in 2010. A path for resolution of the concerns of specific regional and corporate interests along the whole Murray-Darling river system has not yet emerged. What is required is an eco-sustainable framework that addresses these issues in a holistic manner.
- Relation
- Journal of Innovation Economics Vol. 2, no. 8 (2011), p. 59-87
- Rights
- Copyright De Boeck Universite
- Rights
- Open Access
- Rights
- This metadata is freely available under a CCO license
- Subject
- 1302 Applied Economics; 1503 Business and Management; 1608 Sociology; Complexity modelling; Deterministic ecological system models; Sustainable development; Computer simulations
- Full Text
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