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When confronted with market weaknesses and failures determining sustainability problems for environmental common-pool resources, economic analysis has proposed government intervention as the only alternative available. Elinor Ostrom showed that this dichotomy between market and government is not...
Persistent link: https://www.econbiz.de/10013315644
In this paper we extend the multi-regime framework to variables involved in the debate on economic growth and environmental quality, starting from a reexamination of the so-called Environmental Kuznets Curve. The aim is to discuss the double convergence hypothesis that implicitly stems from a...
Persistent link: https://www.econbiz.de/10014074603
Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the two is far more complicated for developing countries like India, given the dependence of a large section of the population on natural resources. Under this backdrop, the current...
Persistent link: https://www.econbiz.de/10008596405
A sustainable growth rate – i.e. a growth rate which allows economy to expand without compromising the equilibrium of the natural system – is one of the most important and stimulating topics in growth literature. In this paper two findings will be presented. First of all, a brief...
Persistent link: https://www.econbiz.de/10008643968
A sustainable growth rate – i.e. a growth rate which allows economy to expand without compromising the equilibrium of the natural system – is one of the most important and stimulating topics in growth literature. In this paper two findings will be presented. First of all, a brief...
Persistent link: https://www.econbiz.de/10008644997
Economic growth does not necessarily ensure environmental sustainability for a country. The relationship between the two is far more complicated for developing countries like India, given the dependence of a large section of the population on natural resources for livelihood. Under this...
Persistent link: https://www.econbiz.de/10005789398
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10012803715
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10012505150
The impact of human economic activity on the environment and its irreversible changes. An interdisciplinary approach to the development of the economic system has been used in this paper due to the fact that the subject of the study goes beyond the functional economic sciences, and economics in...
Persistent link: https://www.econbiz.de/10011960088
Development theory has come a long way over the last century. It started with the notions of economic growth and development, and eventually has reached a stage where governments and academics are looking at more holistic patterns of living than merely growth. Sustainable development,...
Persistent link: https://www.econbiz.de/10014221107