Abstract The present paper explores the fiscal policy implications of intergenerational habit formation in a Blanchard overlapping generations small open economy model. Three main conclusions emerge. (1) When individuals are finitely lived and have habits which they pass on to their descendants,...

This study seeks to operationalise the reporting of corporate natural assets (i.e. habitats, flora and fauna). A natural inventory model is used, building on existing methodology. This study significantly extends the prior research by considering environmental accounting in the context of a...

Purpose – The paper presents a parody intended to emphasise the dangers and questionable rationale of a procedure which could allow organisations to claim spurious and misleading reputational benefits. Design/methodology/approach – This is a fictional analogy using a historical episode....

The primary focus concerns the measurement of non‐market environmental effects. It is suggested that the formal decision analysis advocated in traditional management accounting typically excludes a wide range of nonfinancial activities and that developments in environmental economics may prove...

Purpose – The purpose of this paper is to examine the relationship between food security and cleaner energy and evaluate the financial viability of both ethanol and biodiesel productions in Southern Brazil, the current battleground region among food, ethanol and biodiesel. Southeastern Brazil...

Purpose – This paper aims to identify the factors that have allowed some counties to avoid the so‐called “resource curse”; to determine practical steps that can be taken by companies, governments, local communities and aid agencies in collaboration to enhance mining's contribution to...

Venezuela ranks fifth in the world in oil proven reserves and has the largest accumulation of liquid fuel in the world. With its importance as an oil country, many countries including the U.S. have expressed concerns about Venezuela’s current economic and political situation. Using the popular...

Purpose – This paper aims to analyse three individual foresight projects referring to the natural resources sector in Russia, their interconnection and influence on policy decision making. Design/methodology/approach – The three foresight studies used different methodologies depending on the...

Purpose – The purpose of this paper is to examine the role of Shari’ah compliant sustainable investing in the light of the credit crisis and catastrophic climate change. Design/methodology/approach – The paper discusses that the climate change, natural resource shortages, fuel crisis and...

Abstract This research focuses on the efforts taken by recent Presidents to alter the direction of several federal land policies administered by Bureau of Land Management (BLM) and the Forest Service through rulemaking processes. Of particular concern here are three programs – the hardrock...