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Environmental pollution is one of the major problems faced by the world community, especially in the cities of the developing countries which have experienced unbridled growth of population, urbanization and industrialization. The concept of sustainable development is inextricably linked with environment protection. It is a strategy for improving the quality of human life while living within the carrying capacity of supporting ecosystem. Sustainable development entails commitment, protection and preservation of environment. Protection of the environment has to be a central part of any sustainable inclusive growth strategy. This aspect of development is especially important when consciousness of the dangers of environmental degradation has increased greatly. This volume contains 12 research papers, authored by experts in the field, which provide deep insights into the relationship between economic development and environment in the context of increasing globalization of the world economies. About the Author:- Dr. G. Rajaiah is presently Professor of Economics and Co-ordinator, SAP-DRS-II (UGC), Department of Economics, Kakatiya University, Warangal, Andhra Pradesh. He obtained his M.Phil from Delhi School of Economics (DSE), University of Delhi and Ph.D from Osmania University, Hyderabad. Dr. Rajaiah was also Principal, University Post-Graduate College, Kakatiya University, Warangal and presently he is also the Vice-Chairman for the Andhra Pradesh Economic Association. Apart from having more than six books to his credit, he has participated and presented papers in various conferences and seminars at the national and international level. His areas of specialization include macroeconomics, development economics and environment. Dr. G. Bhaskar is Professor and Head, Department of Economics, Kakatiya University, Warangal, Andhra Pradesh. Dr. Bhaskar obtained his M.Phil and Ph.D degrees from Kakatiya University, Warangal. He has also completed two minor Research Projects financed by the University Grants Commission (UGC), New Delhi and published few books apart from being a regular contributor to journals of interest. His areas of specialization include agricultural economics, rural development and environmental problems.