Tourism is an industry that benefits from highly optimistic predictions for the future, its importance became increasingly large, both globally and regionally, nationally and locally. Studies in the field already demonstrates that tourism can be considered, the main industry in terms of...

There has been considerable debate about the independence of the three policy goals of allocative efficiency, distributional equity, and ecological sustainability since Daly's (1992) paper on the subject (Prakash and Gupta, 1994; Daly, 1994; Stewen, 1998; Daly, 1999; Stewen, 1999). I would like to weigh in...

Often concepts of sustainability have been criticised for being theoretically ill-founded and lacking practical impact. This paper provides a new theoretical foundation of sustainable development, which is based on a coherent set of three normative and functional categories: systems integrity,...

Operating within the framework of conventional welfare economics, the sustainability debate has become mired in sterile discussions about the "proper" discount rate and the "true" degree of substitutability between various forms of economic capital. This paper suggests abandoning the...

The closure of the Red Sea at its southern entrance (the Bab-al-Mandab Strait) could well lead to the world's largest hydropower generation, in the order of 50 000 MW. The cost and time-scales involved are beyond normal economical considerations. Macro-engineering projects of this size cause a...

There is growing interest in sustainability, sustainable development, and sustainable transportation. This paper identifies issues related to the definition, evaluation and implementation of sustainable transportation. Significant issues include the range of definitions of sustainability, the...

This paper discusses the current issues on sustainable development in the global market in general and focuses the initiatives particularly related to sustainable production, green innovations and practices and eco-supply chain and eco-logistics. Government, enterprises and individual...

This paper analyses key issues linking sustainable development and climate change. It describes sustainomics as "a transdisciplinary, integrative, balanced, heuristic and practical meta-framework for making development more sustainable". The environmental, social and economic criteria for...

From the perspective of voluntary disclosure, this paper examines empirically the impact of specific corporate financial factors on environment voluntary disclosure. Using a sample of 138 chemical industry listed companies in China, we find that more and more companies disclose environment...

This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the...