Based on the analysis of the book "Limits to Growth: The 30-Year Update" by Meadows et. al (2004) which suggests our world is heading towards overshoot and collapse, this paper looks at the role of several erosion loops (soil depletion, and social instability) and gathers data that support the overshoot and collapse claim, and the impacts of increasing fossil fuel prices on the economy. Also, based on previous international accords in order to ameliorate the impact of the human population and its consumption to the environment and their success/ failure, the study analyzes the possibility of relying on policy-making as an effective and timely method to counteract the effects of a growing population and a diminishing resource base.
Ana P. Diaz. "The World is in Overshoot, Will We Let it Collapse?." Proceedings of the New York State Economics Association. vol. 4, September 2011, p. 10-19
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