International Business Management

Year: 2016
Volume: 10
Issue: 21
Page No. 5089 - 5092

Methodological Issues of Monetary Valuation of Natural Resources

Authors : V. A. Rubtzov, N. K. Gabdrakhmanov, M. R. Mustafin and O. V. Pratchenko

Abstract: In conditions of formation of market relations the active application of economic methods of influence on the use of natural resources and the environment becomes an important issue. This activity is the part of the state regulation of the economy. And the task of environmental economics is not reduced to the preparation and maximization of economic benefits in this area. Natural environment is an independent value and in modern conditions the society must use natural resources rationally and efficiently and protect the environment (the so-called existence value).

How to cite this article:

V. A. Rubtzov, N. K. Gabdrakhmanov, M. R. Mustafin and O. V. Pratchenko, 2016. Methodological Issues of Monetary Valuation of Natural Resources. International Business Management, 10: 5089-5092.

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