In the aftermath of Rio+20, failures and successes can be assessed: if the reform of UNEP, the battle against environmentally harmful subsidies and the acknowledgement of Green Growth as a pillar of Sustainable Development fall below expectations, the voluntary pledges made in Rio and the...

In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and...

Review of the most salient issues in ecological economics when the subject is applied to the field of economic development. The aim here has not been to be scholastic but to examine the lives of the world's poor so as to unearth the role of natural capital there. An account here of the processes...