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About this book
A comprehensive review of the links between sustainable development and long-term growth. It seeks to develop our understanding of the complex issues that will shape sustainable development strategies in the 21st century - economic growth, poverty eradication, environmental protection, social inclusion and good governance. Sustainable development is analyzed in terms of its economic, social and environmental dimensions. The authors argue that material intensive conventional economic growth is unsustainable in the long-term, unless environmental and social elements are given equal priority. Leading experts critically discuss important topics including durability versus optimality of development, globalization, dematerialization of production and consumption, alternative lifestyles, green national income accounting and environmental valuation, eco-development, the growing North-South development gap, environment and trade policy and the equitable distribution of assets within and among nations. The coverage ranges from comprehensive analytical models to practical case study applications, and should be suitable for policy analysts and researchers as well as academics involved in economic growth, environmental economics and sustainable development.
Contents
Growth and sustainability - an overview, M. Munasinghe, O. Sunkel et al. Symposium on "Sustainability of Long Term Growth": towards sustainomics - a transdisciplinary metaframework for making development more sustainable, M. Munasinghe; economic development in a neo-liberal world - unsustainable globalization? J.B. Opschoor; growth, globalization and an agenda for ecological economics, R.B. Norgaard; dematerialization, competitiveness and employment in a globalized economy, F. Hinterberger and F. Luks; policies and institutions for sustainable development in Latin America and the Caribbean, J.A. Ocampo. General framework papers: beyond growth -avoiding uneconomic growth, H.E. Daly; development thinking in the age of environment - of wise use of nature for the good society, I. Sachs; quantifying natural capital - beyond monetary value, J.M. Naredo; globalization versus internationalization - some implications, H.E. Daly. Modelling and applications papers: ecology and optimal economic growth - an optimal ecological economic growth model and its sustainability implications, S.M.N. Islam; why an inverted u-shaped environmental Kuznets curve may not exist, G. Kadekodi and M.M. Agarwal; industrial pollution and international trade - the Brazilian experience, C.E.F. Young; environmental consequences of trade liberalization in the western hemisphere, M. Tsigas, D. Gray et al; dynamic environmental policy in developing countries in the presence of a balance of trade deficit and a tariff, A.A. Batabyal, H. Beladi and D.M. Lee; GLEAM - a simple model for the analysis of equity in policies to regulate greenhouse gas emissions through tradable permits, P. Baer and P. Templet; estimating non-renewable resource capital consumption, A.C. Hansen; measuring genuine savings - are most resource-extracting countries really sustainable? E. Neumayer.
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