Assigning Economic Value to Natural Resources

ASSIGNING ECONOMIC VALUE TO NATURAL RESOURCES -- Copyright -- Preface -- Contents -- Overview -- INTRODUCTION -- ENVIRONMENTAL VALUES AND THE NATIONAL ACCOUNTS -- Historical Background -- National Accounts Dilemmas -- ENVIRONMENTAL ACCOUNTING CHALLENGES -- ISSUES IN ENVIRONMENTAL ACCOUNTING -- Sustainability -- Substitutability -- Irreversibility -- Intergenerational Equity -- Technical Issues -- Philosophical Questions -- ISSUES FOR FURTHER STUDY -- CONCLUSION -- REFERENCES -- Issue Papers -- 1 An Almost Practical Step Toward Sustainability -- PREVIEWING THE ARGUMENTS -- FINDING THE TRUE NET PRODUCT OF OUR ECONOMY -- ANALYZING SUSTAINABLE PATHS FOR A MODERN INDUSTRIAL SOCIETY -- CONNECTING UP THE ARGUMENTS -- CONCLUDING COMMENTS -- 2 What Can Policymakers Learn From Natural Resource Accounting? -- THE NEED FOR NATURAL RESOURCE ACCOUNTING -- THE SCOPE OF NATURAL RESOURCE ACCOUNTING -- SETTING UP NATURAL RESOURCE ACCOUNTS -- Physical Accounts -- Valuation Principles -- WHAT CAN POLICYMAKERS LEARN FROM RESOURCE ACCOUNTING? -- Macroeconomic Policy and Structural Adjustment -- Sectoral Policy -- 3 The Feasibility of Incorporating Environmental and Natural Resource Availability into the National Accounts -- DEFICIENCIES IN THE TREATMENT OF NATURAL RESOURCES AND THE ENVIRONMENT -- ASSET AND PRODUCTION BOUNDARIES UNDERLYING THE NATIONAL ACCOUNTS -- Factor Services -- Final Services -- Current Asset and Production Boundaries of U.S. Accounts -- ADDRESSING THE DEFICIENCIES IN THE TREATMENT OF NATURAL RESOURCES AND THE ENVIRONMENT -- Expanding the Asset Boundary to Record Changes in Natural Resources and the Environment -- Expanding the Production Boundary to Include More Services of Natural Resources and the Environment in Measures of National….