Economic Growth and Sustainable Development

Economic Growth and Sustainable Development

Author: Peter N. Hess

Publisher: Routledge

Published: 2016-05-26

Total Pages: 754

ISBN-13: 1317525043

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Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity. Now in its second edition, Economic Growth and Sustainable Development features expanded discussion of income distribution, social capital and the insights of behavioural economics for climate change mitigation. Boxed case studies have been added which explore the impact of economic growth on people and countries in both the developed and developing world. This text addresses the following fundamental questions: What causes economic growth? Why do some countries grow faster than others? What accounts for the extraordinary growth in the world’s population over the past two centuries? What are the current trends in population and will these trends continue? How do we measure sustainable development and is sustainable development compatible with economic growth? Why is climate change the greatest market failure of all time? What can be done to mitigate climate change and global warming? With a blend of formal models, empirical evidence, history and policy, this text provides a coherent and comprehensive treatment of economic growth and sustainable development. It is suitable for those who study development economics, sustainable development and ecological economics.


Inclusive Green Growth

Inclusive Green Growth

Author: World Bank

Publisher: World Bank Publications

Published: 2012-05-01

Total Pages: 192

ISBN-13: 0821395521

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Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.


Beyond Growth

Beyond Growth

Author: Herman E. Daly

Publisher: Beacon Press

Published: 2014-09-30

Total Pages: 265

ISBN-13: 0807047066

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"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.


Economic Growth and Sustainability

Economic Growth and Sustainability

Author: Karen L. Higgins

Publisher: Academic Press

Published: 2014-11-24

Total Pages: 222

ISBN-13: 0128031085

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How to sustain our world for future generations has perplexed us for centuries. We have reached a crossroads: we may choose the rocky path of responsibility or continue on the paved road of excess that promises hardship for our progeny. Independent efforts to resolve isolated issues are inadequate. Different from these efforts and from other books on the topic, this book uses systems thinking to understand the dominant forces that are shaping our hope for sustainability. It first describes a mental model - the bubble that holds our beliefs - that emerges from preponderant world views and explains current global trends. The model emphasizes economic growth and drives behavior toward short-term and self-motivated outcomes that thwart sustainability. The book then weaves statistical trends into a system diagram and shows how the economic, environmental, and societal contributors of sustainability interact. From this holistic perspective, it finds leverage points where actions can be most effective and combines eight areas of intervention into an integrated plan. By emphasizing both individual and collective actions, it addresses the conundrum of how to blend human nature with sustainability. Finally, it identifies primary three lessons we can learn by applying systems thinking to sustainability. Its metaphor-rich and accessible style makes the complex topic approachable and allows the reader to appreciate the intricate balance required to sustain life on Earth. - Highlights the application of system thinking in economics - Identifies systemic leveraging actions for achieving sustainability - Outlines a comprehensive and integrated plan for achieving sustainable stewardship in the future


SDG8 - Sustainable Economic Growth and Decent Work for All

SDG8 - Sustainable Economic Growth and Decent Work for All

Author: Madhavi Venkatesan

Publisher: Emerald Group Publishing

Published: 2019-08-30

Total Pages: 123

ISBN-13: 1789730937

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SDG8 - Sustainable Economic Growth and Decent Work for All evaluates the rationale behind, and the historical and present implementation of, the United Nations Sustainable Development Goal 8 (SDG8). The goal aims to 'promote inclusive and sustainable economic growth, employment and decent work for all.'


Economic Evaluation of Sustainable Development

Economic Evaluation of Sustainable Development

Author: Vinod Thomas

Publisher: Springer

Published: 2019-04-16

Total Pages: 164

ISBN-13: 9811363897

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This book is open access under a CC BY 4.0 license. This book presents methods to evaluate sustainable development using economic tools. The focus on sustainable development takes the reader beyond economic growth to encompass inclusion, environmental stewardship and good governance. Sustainable Development Goals (SDGs) provide a framework for outcomes. In illustrating the SDGs, the book employs three evaluation approaches: impact evaluation, cost-benefit analysis and objectives-based evaluation. The innovation lies in connecting evaluation tools with economics. Inclusion, environmental care and good governance, thought of as “wicked problems”, are given centre stage. The book uses case studies to show the application of evaluation tools. It offers guidance to evaluation practitioners, students of development and policymakers. The basic message is that evaluation comes to life when its links with socio-economic, environmental, and governance policies are capitalized on.


The Bubble Economy

The Bubble Economy

Author: Robert U. Ayres

Publisher: MIT Press

Published: 2014-05-30

Total Pages: 387

ISBN-13: 0262027437

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Why the global economy has become increasingly unstable, and how financial “de-carbonization” could break the pattern of bubble-driven wealth destruction. The global economy has become increasingly, perhaps chronically, unstable. Since 2008, we have heard about the housing bubble, subprime mortgages, banks “too big to fail,” financial regulation (or the lack of it), and the European debt crisis. Wall Street has discovered that it is more profitable to make money from other people's money than by investing in the real economy, which has limited access to capital—resulting in slow growth and rising inequality. What we haven't heard much about is the role of natural resources—energy in particular—as drivers of economic growth, or the connection of “global warming” to the economic crisis. In The Bubble Economy, Robert Ayres—an economist and physicist—connects economic instability to the economics of energy. Ayres describes, among other things, the roots of our bubble economy (including the divergent influences of Senator Carter Glass—of the Glass-Steagall Law—and Ayn Rand); the role of energy in the economy, from the “oil shocks” of 1971 and 1981 through the Iraq wars; the early history of bubbles and busts; the end of Glass-Steagall; climate change; and the failures of austerity. Finally, Ayres offers a new approach to trigger economic growth. The rising price of fossil fuels (notwithstanding “fracking”) suggests that renewable energy will become increasingly profitable. Ayres argues that government should redirect private savings and global finance away from home ownership and toward “de-carbonization”—investment in renewables and efficiency. Large-scale investment in sustainability will achieve a trifecta: lowering greenhouse gas emissions, stimulating innovation-based economic growth and employment, and offering long-term investment opportunities that do not depend on risky gambling strategies with derivatives.


Sustainable Economic Development

Sustainable Economic Development

Author: Walter Leal Filho

Publisher: Springer

Published: 2016-09-27

Total Pages: 326

ISBN-13: 3319450816

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This book introduces the influence and impacts of green economy and green growth on sustainable economic development. Combining empirical and theoretical information, it provides detailed descriptions of state-of-the-art approaches, methods and initiatives from around the globe that illustrate green policies and demonstrate how green growth can be implemented on an international scale. It also includes analyses of specific issues, such as public policies and sustainable development plans that influence industry and increase trade in environmental goods and services – the way to a greener economy, green tourism, green agriculture, green learning and green equilibrium in modern society. Matters such as green procurement, environmentally oriented implementation strategies, and the importance of employee skills in the development of a sustainable future workforce are described, as well as a selection of tools that can be used to foster sustainable growth, green economies and green growth. The book also offers a timely contribution to the dissemination of approaches and methods that improve the way we perceive and utilize natural resources and the technologies designed to protect them. Puts forward new ideas for creating a more sustainable future.