National Parks in Developed Countries
Developed countries use economics to evaluate establishment and management of national parks and protected areas. The economic benefit goes beyond local park communities; they also provide recreation opportunities, health benefits, wildlife habitat, and ecosystem services all of which can be assigned economic value. While somtimes difficult to quantify, the nonmarket benefits are essential to understanding the importance of parks. Many developed countries use economic considerations for decision-making on park resources, policies, and damage assessments. This article underlines understanding the full extent of economic benefits supported by national parks to further the mission of these protected areas in developed countries.
Richardson, L., & Peacock, B. (2018, April 26). National Parks in Developed Countries. Oxford Research Encyclopedia of Environmental Science. Retrieved 9 Jul. 2019, from https://oxfordre.com/environmentalscience/view/10.1093/acrefore/9780199389414.001.0001/acrefore-9780199389414-e-436.