Dieser Aufsatz geht aus einer wirtschaftsethischen Perspektive der Frage nach, inwiefern es einen Ressourcenfluch gibt und mit Hilfe welcher institutionellen Vorkehrungen gegenwärtig versucht wird, armen Staaten, die über reiche Rohstoffvorkommen verfügen, eine nachhaltige Entwicklung zu...

This paper investigates the effect of institutional quality on sustainable development.Institutional quality is assumed to determine the (perceived) risk in the face of which oil and mining firms determine their level of investment in physical and natural capital. Since these two types of...

Since the early 1990s, at least 45 initiatives have been mounted to improve the environmental and social performance of the mining industry across the world. Many changes in the formal legal and regulatory systems have also been introduced. However, no systematic approach has been adopted to...

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...