A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general context and in two canonical, stylized economies. We...

The paper emphasises on current climate data, intervention mechanisms e.g. policy, adaptation and mitigation along with key challenges and emerging risk factors like disasters and very specifically long-term regressive resource value caused by climate change, its measuring techniques and...

Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...