The adjusted net saving rate, initially known as the genuine saving rate, was first published by the World Bank in the late 1990s as a more comprehensive measure of national saving and one more indicative of sustainable development. The adjusted net saving rate incorporated not just physical...

The reduction of the “metabolism” of the human economy has become one of the central themes of recent environmental and economic research and policy focused upon paths for achieving global sustainable development. Since the late 1980s, there has emerged a diverse array of “physical...

To maximize society's welfare, economists should be concerned with the efficient use of the stock of natural resources. The stock of natural resources is a gift of nature. The usefulness of this stock comes from its alternative uses, e.g. existence, exploitation and bequest. Therefore, the...

Taking departure in the premise that donor and recipient priorities differ with regard to the marginal costs and benefits associated with attacking global environmental externalities, and hence the relative importance attached to the global environment, this paper seeks to scrutinize specific...

State mandates and guidelines significantly influence local land use planning; however few studies have been conducted to empirically detect the gaps in sustainable environmental planning between the state and local jurisdictions. This paper analyses the California Governor's Environmental Goals...

This paper outlines sustainable procurement policy, which aims to benefit society and the economy and minimise damage to the environment. It uses cost-benefit analysis to evaluate a variety of sustainable procurement policies (road construction, video conferencing, LED traffic lights, and...