We study how income inequality affects the social value of a dynamic public good, such as natural capital. Our theory shows that both intra- and intertemporal inequality affect the social value of public natural capital. The direction and size of the effects are driven by the degree of...

Rising powers -- Insights from history of power shifts and growing interdependence -- Understanding the rapid rise of China and India -- Positive growth prospects for China and India -- Growing economic and geopolitical impact -- Environmental and natural resource impact -- Power shifts and...

Achieving and managing economic sustainability is one of the crucial tasks for our globalized world. One of the most ambitious economic projects known to humankind claims to stand for long-term global economic sustainability including ecological, social, and cultural aspects: the Belt and Road...