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In their 30-year update to <i>Limits to Growth</i>, Meadows<i> et al.</i> call for a vision of sustainable development that includes systemic change brought on by new perspectives on the purpose of development, new ways of measuring progress, and changes in social norms. Here, I discuss Meadows<i> et al.</i>’s...
Persistent link: https://www.econbiz.de/10011030234
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economic analysis discussed, including issues of growth, sustainability and investment appraisal. The paper concludes with some …
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Models of economic growth are typically based on the use of one or more stocks of productive assets to create goods for utility-generating consumption. The roles played by man-made capital, natural capital and human capital have been explored, often separately, in the literature, and more...
Persistent link: https://www.econbiz.de/10010561316
Among recent high-profile propositions to revise national accounts and to provide new indicators of sustainability and …, development and sustainability economics, the indicator is supposed to bring information about the wealth of nations and their … sustainability, in a comprehensive way. The inclusive wealth framework is nevertheless fraught with limitations, due to questionable …
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An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accounts. Unfortunately though, that ideal cannot be met, at least not in the near future....
Persistent link: https://www.econbiz.de/10011133279
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-being. This conclusion supports the view that current problems of sustainability are due to some failure of the socio …
Persistent link: https://www.econbiz.de/10011114438
In order for policy makers to plan effectively for sustainable development, there is a need for measures of welfare that consider changes in the natural capital stock. Current measures based on conventional national accounting are flawed because they are based solely on flow measures and do not...
Persistent link: https://www.econbiz.de/10009447970