Seminar in School of Economics-ii

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					  SCHOOL OF ECONOMICS
  (An UGC – SAP Supported Department)




             National Seminar
                         On

NATURAL RESOURCES AND ECONOMIC
         DEVELOPMENT

               January 14-15, 2011


              Dr. Ganesh Kawadia
             Professor and Head
       Coordinator, UGC-SAP (Phase-II)
         Ganesh.kawadia@gmail.com



                     Organized by
              School Of Economics,

       Devi Ahilya Vishwavidyalaya
   Takshashila Campus, Khandwa Road, Indore - 452001
                             National Seminar
                                             On
       NATURAL RESOURCES AND ECONOMIC
                DEVELOPMENT
Dear Sir/Madam,

We are pleased to inform that School of Economics is organizing a two days National Seminar
on “Natural Resources and Economic Development” on 14-15 January, 2011 for the academic
enrichment of faculties of various institutions, college teachers, NGO‟s, Research Scholars etc.
This National Seminar is aimed at providing a forum for new ideas along with interactions and
deliberations on possible issues relating to Recourse led Economic Development. It is organized
under UGC- Special Assistance Programme (Phase-II) in the Department.

The Background
When the modern theories of economic growth first began to be developed in the 1950s and
1960s, Natural Resources and the Environment essentially were absent. Economic output flows
and rates of output growth were assumed to depend on the application of services provided by
capital and Labour. Later on, technology was added to capital and labour as an input to the
growth process. But the role of natural resources and environment as valuable inputs to the
growth process still remained outside of growth theory at that time.

Starting of late 1970s, awareness of the Environment and Natural Resources as a determining
factor affecting growth became more widely recognized. In the late 1970s, the development
economists began seriously rethinking the neo-classical growth model because of the
reallocation that economic growths would be incomplete without reference to the environmental
components. Over the time, theories of growth with various kinds of Natural Resource inputs and
Environmental implications got fairly well developed.

In 1990s and afterwards, the economists started recognizing that along with physical and human
capital, Environmental Resources should be viewed as important assets which can be called
Natural Capital. In recent times, three important debates have emerged over the role of Natural
Capital in Economic Development. Firstly, does the environment have an essential role in
sustaining economic development and if so, to what extent, future economic development would
be influenced by the depletion of Natural Resource in present times? The second issue of debate
is about the Environmental Kuznets Curve (EKC) which presents an „Inverted U-shaped‟
relationship between resource depletion and level of per capita income. Does the existence of
such EKC relationship suggest that environmental degradation of natural resources will
eventually decline with growth?

Finally, a recent paradox concerning the role of natural resources in economic development: if
natural capital is important for sustainable development, why is the economic performance of
many resource abundant developing countries lagging behind that of comparatively resource
poor countries? A phenomenon called „Resource Curse‟ has gained recognition in the economic
circles which means countries with large endowment of resources lag behind countries less
endowed with resources in terms of economic development and governance. Various studies
suggest that there exists a negative relationship between resource abundance and economic
growth. 19th and 20th centuries saw Switzerland and Japan surge ahead of resource-intensive
economies like Russia. In the past 43 years, the resource-poor Newly Industrialized Economies
of East Asia- Korea, Taiwan, Hong Kong, Singapore have touched the heights of economic
development while many resource-rich economies such as oil-rich countries of Mexico, Nigeria,
Venezuela have gone bankrupt. Talking of developing countries like India having a profound
agrarian base, have managed to record a higher and consistent growth-rate than their other
resource-rich counterparts, emerging as super economic powers in the international arena. Has
the Ricardian Theory of Comparative Advantage lost its sheen in today‟s times when the world
economy has shrunk into a global village and being bestowed with natural and human resource
abundance in itself is not a passport to economic development?

In recent times economists have had mixed opinions regarding the flow of exports in resource-
based economies. Some of them relate it to macroeconomic policies rather than changing
endowments; others are of the view that location of the countries i.e. being situated in the land-
locked or coastal area affects the foreign-trade relation; still others are of the view that country-
specific knowledge of technology, international terms of trade, factor movements and
institutional policy changes and some feel that it is the kind of resources that the country is
endowed with that determines growth patterns in the resource-based exports.

This Seminar on “Natural Resources and Economic Development” aims to explore reasons
responsible for economic growth/stagnation in resource-rich economies when they can exploit
economies of scale despite having a competitive edge of resource abundance over their resource-
scarce counterparts. Is it the performance of resource abundant nations or the misguiding
economic policies that has envisaged the term „Resource Curse‟? Similarly, how resource poor
economies ensure their economic development in today‟s perspective would also be a matter of
great concern academicians and researchers in this seminar? Some of the important issues of the
discussion would be-

       a) Availability and usage of Natural resources (Resource utilization v/s resource
          abundance.
       b) Natural resource Abundance and Economic Performance.
       c) Natural Resource utilization intensity and economic development in India.
       d) Economic Performance of resource-rich economies and resource poor economies.
       e) Export Performance and resource intensity
       f) Factors responsible for turning abundant resources to exportable goods
       g) Role of economic policies in the management of State‟s Natural Resource
          Endowment
       h) Causes of slow growth of resource abundant countries
       i) Diversification v/s specialization as a tool of economic development.
       j) Role of human resources and technology in exploitation of Natural Resources.
       k) Utilization of Natural Resources and sustainability of growth.
   The authors who are interested to present a research paper in this seminar on the themes
   described above may submit an Abstract and a full paper of their research paper latest by 31
   December 2010 through mail: Kanhaiya.ahuja@gmail.com and also a hard copy of the
   paper may be sent to Dr. Kanhaiya Ahuja, Deputy Coordinator, UGC-SAP Programme on
   the address mentioned on the back along with duly filled registration form and a demand
   draft of Rs. 400/- (registration fee) in favour of “Co-ordinator SAP, Economics”, Payable
   at Indore. The registration would consist of a kit, lunch and accommodation (a separate
   request should be made for accommodation). A declaration has to be made by the authors
   that the paper is original and has not been published / submitted for publication elsewhere.
   You are requested to circulate this among your faculty members so that they can also present
   a research paper in this seminar on the themes described above.

   The papers will be selected strictly according to the quality of paper. School of Economics
   will be happy to provide local hospitality and reimbursement maximum up to 3 class AC to
   and fro charges on the submission of a photocopy of the ticket to only those participants
   (only one author) whose paper gets accepted for presentation. We are also planning to
   publish a book comprising of selected quality papers. We would feel honoured to provide a
   copy of book to the main authors of the articles absolutely free.

   The interested candidates can get themselves registered.

   Looking forward for your positive response,


   Thanking you.
   Yours sincerely,



Dr. Ganesh Kawadia                 Dr. Kanhaiya Ahuja                       Dr. P.K. Mishra
Professor & Head,                 Coordinator & Convener                     Vice Chancellor
Coordinator- UGC-SAP             Deputy Coordinator-UGC-SAP                   DAVV, Indore
INDORE – THE HEART OF MALWA
Indore derives its name from the 18th century Indreshwar temple. The city is the industrial and
educational capital of Madhya Pradesh. Indore was planned and built by Rani Ahilyabai Holkar.
It is naturally endowed with a beautiful landscape and salubrious climate. The holy places, Ujjain
and Omkareswar are situated nearly 50 km and 80 km from Indore respectively. Mahakaleswar
and Omkareshwar are known among the twelve celebrated Jyotirrlingas in India. The historical
place, Mandu is also 100 km from Indore, looks very beautiful during winter, In Indore; the
temperature is around 10o C to 30o C during January. Warm clothes may suit the weather.


SCHOOL OF ECONOMICS
The University teaching department in Economics, The School of Economics was established in
1976. The school imparts quality education to students, primarily in economics blended with
international business, business economics and environmental studies. The School of Economics
offers a wide range of courses, which includes:
     1. Ph. D. (Economics)                        2. M. Phil (Economics)
     3. M.A. (Economics)                          4. MBA (Business Economics)
     5. MBA (International Business)              6. MBA (Financial Services)

ACTIVITIES UNDERTAKEN IN THE DEPARTMENT DURING 2009-10

           1. School of Economics could undertake following activities under UGC-SAP at
              DRS Phase-II during the period 2009-10 on the theme:

                      “Globalization, Trade and Natural Resource Management”
                      “Regional Development and Environmental Issues”

           1. A Two-Day National Seminar on „Climate Change and Economic
              Development‟ was organized by the Department under UGC-SAP on 12th –13th
              March, 2010.

           3    A Two-Day Workshop on „Role of Service Sector in Indian Economy‟ was
                organized by the Department under UGC-SAP on on 26th-27th March, 2010.

           1.    A Two Day Workshop on „Application of SPSS in Social Sciences‟ was
                organized on 7th-8th April, 2010 for the students.

           2. A 21-Day Refresher Course on ‘Research Methodology in Social Science’ was
              organized by the Department from 27th January-16th February, 2010 with the
              support of Academic Staff College.
Besides this, faculties in the department are also working on 5 research projects sponsored by
UGC and ICSSR, New Delhi. The trust area of these projects and research work going on in
the department is the regional development for betterment of quality of life in tribal areas of
this region.

SPECIAL RESEARCH CENTRES:

   The UGC has very kindly allowed us to establish the following centers in the department
   under XI Plan Special Development Grants:

 Centre for Natural Resource Management
 Centre for Tribal Women Studies


FACULTIES:

Dr. Ganesh Kawadia             Dr. Gyan Prakash                Dr. Nirupama Nagar

Dr. Kanhaiya Ahuja             Dr. Rekha Acharya               Mr. Sakharam Mujalde,

Ms. Akansha Singhi          Dr. Vishakha Kutumbale           Mr. Vasim Khan

Ms. Vidhya Telang               Ms. Rachna Jain                 Ms. Ekta Bargal




                   FOR REGISTRATION AND COMMUNICATION:


                                 DR. KANHAIYA AHUJA

                                  Coordinator & Convener
                               Deputy co-ordinator, UGC-SAP
                                   School of Economics,
             Takshashila Campus, Khandwa Road, Indore - 452001
                              ,Devi Ahilya University, Indore.
                                   Tele: (0731) 2361087
                                   Mobile: 09926020907
                             Email: kanhaiya.ahuja@gmail.com
                              National Seminar
                                              On
       NATURAL RESOURCES AND ECONOMIC
                DEVELOPMENT

                                January 14-15, 2011
                                    Registration Form


I would like to request you to enroll me as a delegate for the above seminar to be hosted by
School of Economics, Devi Ahilya University, Indore.


Name: ………………………………………………………………………………………
Institution: ………………………………………………………………………………….
Designation: ………………………………………………………………………………..
Address: …………………………………………………………………………………....
………………………………………………………………………………………………
Contact No. :………………………………………………………………………………..
E-mail Id: …………………………………………………………………………………..
Specialization: ……………………………………………………………………………..
Research Interest: …………………………………………………………………………..
Title of the Ph.D. Thesis: …………………………………………………………………..
Title of the Paper: ……………………………………………………………………….
……………………………………………………………………………………………...
Details of D.D.: ……………………………………………………………………………
(Name of Bank, No. etc.)




Signature of the Forwarding Authority                           Signature of the Candidate

				
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posted:6/25/2011
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