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The economic case for an Antarctic world park in light of recent policy developments

Published online by Cambridge University Press:  27 October 2009

Bernard P. Herber
Bernard P. Herber
Affiliation:
Department of Economics, University of Arizona, Tucson, AZ 85721, USA
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Abstract

During the last several years, the Antarctic Treaty System has confronted the world park versus mining issue, resulting in the signing on 4 October 1991, subject to ratification, of a protocol to the Antarctic Treaty, putting in place an environmental protection regime for Antarctica. This paper develops an economic case for the creation of a world park in Antarctica. The argument is based upon the international public good and common property resource characteristics of the seventh continent. The strength of the case is tested against the alternative economic uses of the Antarctic, especially mineral development. The possible creation of an Antarctic world park is evaluated in light of the recent policy events.

Type
Articles
Information
Polar Record , Volume 28 , Issue 167 , October 1992 , pp. 293 - 300
Copyright
Copyright © Cambridge University Press 1992

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