Evaluating the sustainability of a society requires a system of shadow or accounting values derived from the sustainability objective. As a first step toward the derivation of such shadow values for a maximin objective, this paper studies an economy composed of two reproducible assets, each...

Marine litter seriously affects island-based or archipelagic economies. The Philippines is an example of a country at the center of this predicament due to its strategic geographic location as a regional trade route. Urbanization, rapid economic development, and the population increase are some...

Infrastructure construction is one of the basic driving forces of social and economic development. Since 1978, the construction of infrastructure in the People's Republic of China (PRC) has experienced rapid development, which has given a strong impetus to the PRC's modernization. But behind the...

The sustainable management of coastal zones requires appropriate tools within the framework of the Blue Economy. This paper adopts a supply/coastal zone perspective to investigate key issues and aspects related to the implementation of coastal tourism initiatives. The main research question is:...

The Central Asia Regional Economic Cooperation (CAREC) region has historically been an important route for global trade - connecting Asia to Europe (and vice versa) and beyond through the ancient Silk Road before the evolution of maritime trade and commerce in the 1500s. The Asian Development...

This paper examines the emergent role of sustainable finance and investment in Japan and scrutinizes the need for the Japanese financial system to mitigate growing climate risks and support the transition of the Japanese economy to a low-carbon, sustainable pathway. It first illustrates Japan's...

Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...

We investigate differences in labor demand between German automotive firms specializing in green propulsion technology and those with a focus on combustion engines. To this end, we introduce a firm-level labor demand index based on the near-universe of online job postings and firms’ patent...

This paper explores the role of political stability on fiscal policy choices in a time-series analysis over 158 years on the Swiss federal level. We argue that the fiscal-commons problem of public finances is affected by the time-horizon of a finance minister. Arguably, the incentives for an...