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February 24, 2009
Invasive
Species: Part of the Price of Doing Business (Feb
13, 2009)
Arizona State University.
Global trade come with significant
local costs, according to Charles Perrings,
professor of environmental economics at
ASU. Perrings, whose four-volume Ecological
Economics has just been published,
refers to one estimate that the annual
economic damage due to invasive species
is equal to 53 percent of agricultural
GDP in the United States, 31 percent in
the United Kingdom and 48 percent in Australia,
but 96 percent, 78 percent and 112 percent
of agricultural GDP in South Africa, India
and Brazil, respectively.
Added to News and Events / In the News at 3:53 PM
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