Can Economic Analysis Contribute to the "sustainability" Debate?

Can Economic Analysis Contribute to the Author: Jonathan A. Lesser
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages : 17

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Can Economic Analysis Contribute to the "sustainability" Debate?

Can Economic Analysis Contribute to the Author: Jonathan A. Lesser
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages : 17

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Book Description


The Economics of Sustainable Development

The Economics of Sustainable Development PDF Author: Ian Goldin
Publisher: Cambridge University Press
ISBN: 9780521469579
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
This book applies rigorous economic analysis to the question of sustainable development. It considers the inter-relationship between growth and sustainability showing that one does not necessarily exist to the detriment of the other. Sustainability may be measured and defined in national accounting terms and the contributors explore a potentially powerful theoretical definition. Case studies on Morocco and China examine some of the domestic policy requirements of sustainability, revealing the desirability of quite complex combinations of policies. International policy aspects of sustainability are considered, such as technology transfers and the establishment of workable agreements to reduce global pollution. The volume demonstrates the need to build the sustainability debate on sound economic foundations, and the ability of economists to provide such foundations.

The Economics of Sustainability

The Economics of Sustainability PDF Author: John C.V. Pezzey
Publisher: Routledge
ISBN: 1351890999
Category : Business & Economics
Languages : en
Pages : 424

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Book Description
Before the late 1980s, when the ideas of sustainability and sustainable development to the forefront of public debate, conventional, neo-classical economic thinking about development and growth had rarely given any consideration to the needs of future generations, or the sustainability of natural resource use. Defining sustainability broadly as intergenerational fairness in the long-term decision making of a whole society, and using established economic concepts, this selection of refereed journal articles brings a famously ill-defined concept into sharp focus, providing academics at all levels with a formidable research tool. Spanning thirty years of the most important philosophical, theoretical and empirical contributions from both critics and defenders of neo-classical assumptions and methods of economic analysis, this focused collection of papers constitutes a unique, balanced resource on the full range of intellectual debates surrounding the economics of sustainability.

Positional Analysis for Sustainable Development

Positional Analysis for Sustainable Development PDF Author: Judy Brown
Publisher: Routledge
ISBN: 1351798014
Category : Business & Economics
Languages : en
Pages : 214

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Book Description
Climate change, biodiversity loss, pollution of land and water, land-use changes, lack of equality and other problems at local, national and global levels represent a challenge for economics as a social science. Mainstream neoclassical economics may be able to contribute to a more sustainable society but it has also played a dominant role in a period where problems have been aggravated. A pluralist and democratic view of economics is therefore very much warranted. This book presents a multidimensional and ideologically more open view of economics: understanding economics in multidimensional terms is in accordance with the 17 sustainable development goals recognized by nations at the UN-level in 2015. Accordingly, approaches to decision making and accounting at the national- and business levels have to be reconsidered. Neoclassical Cost-Benefit Analysis (CBA) with focus on the monetary dimension and an assumed consensus about a specific market ideology to be applied is not compatible with democratic societies where citizen and actors in other roles normally differ with respect to ideological orientation. Environmental Impact Statements and Multi-Criteria methods are used to some extent to broaden approaches to decision-making. In this book, Positional Analysis is advocated as a multidimensional and ideologically open approach. Positional Analysis is based on a political economic conceptual framework (as part of ecological economics) that differs from neoclassical ideas of individuals, firms and markets. And since approaches to decision-making and to accounting are closely connected, a new theoretical perspective in economics similarly raises issues of how national and business accounting can be opened up to meet present demands among various actors in society. This perspective raises also numerous ethical questions at the science and policy interface that need to be properly addressed for sustainability decision making.

Sustainable Development

Sustainable Development PDF Author: Mark Mawhinney
Publisher: John Wiley & Sons
ISBN: 1405150947
Category : Technology & Engineering
Languages : en
Pages : 200

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Book Description
Can there be a common definition of sustainable development? Views on sustainable development range from those of the mainstream economist to the hardened environmentalist – via many shades of green. This book offers a clear overview of the debates and sets out the various theories, providing an accessible introduction for all who now need to understand how sustainable development affects their working practices. The text is structured around key questions on the concept of sustainable development: Does it define a starting point, a process, or the end-goal? Can it provide a coherent theory? Is it a workable concept in practice? Is it ‘balanced’ or does ‘balance’ form part of the solution? Mark Mawhinney explores the various strands of thought that claim to define sustainable development - as a concept, a theory or as a set of principles. He also highlights gaps in understanding that often arise and attempts to break down the barriers to a common understanding - redefining current concepts in terms that will help to progress the debate on sustainable development.

Weak Versus Strong Sustainability

Weak Versus Strong Sustainability PDF Author: Eric Neumayer
Publisher: Edward Elgar Publishing
ISBN: 1849805431
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
This third edition of an enduring and popular book has been fully updated and revised, exploring the two opposing paradigms of sustainability in an insightful and accessible way. Eric Neumayer contends that central to the debate on sustainable development is the question of whether natural capital can be substituted by other forms of capital. Proponents of weak sustainability maintain that such substitutability is possible, whilst followers of strong sustainability regard natural capital as non-substitutable. The author examines the availability of natural resources for the production of consumption goods and the environmental consequences of economic growth. He identifies the critical forms of natural capital in need of preservation given risk, uncertainty and ignorance about the future and opportunity costs of preservation. He goes on to provide a critical discussion of measures of sustainability. Indicators of weak sustainability such as Genuine Savings and the Index of Sustainable Economic Welfare also known as the Genuine Progress Indicator are analysed, as are indicators of strong sustainability, including ecological footprints, material flows and sustainability gaps. This book will prove essential reading for students, scholars and policymakers with an interest in ecological and environmental economics and sustainable development.

Ecological Economics

Ecological Economics PDF Author: Peter Soderbaum
Publisher: Routledge
ISBN: 1134198264
Category : Business & Economics
Languages : en
Pages : 169

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Book Description
Ecological economics seeks to socially construct a political economics which will deal successfully with environmental problems and make the individual more visible in economic analysis. The author describes the principles, strategies and instruments of social change for key players - governmental agencies, business corporations, environmental and religious organizations and universities - and underlines their responsibilities in the market economy. Peter Soderbaum emphasizes the need to articulate ideologies, worldviews, ethics and related scientific perspectives as part of economics, and the importance of pluralism and democratic decision making. His account of the theories and means that will brings us closer to a sustainable society consider tools such as environmental impact assessment (EIA) and describes success indicators such as environmental labelling and environmental management systems (EMS). It highlights strategies and policies that facilitate social change and sets out future agendas for the individual actors in political economics.

Environmental Policy, Sustainability and Welfare

Environmental Policy, Sustainability and Welfare PDF Author: Thomas Aronsson
Publisher:
ISBN: 9781781955116
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0

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Book Description
This comprehensive and accessible textbook addresses important relationships between economics and environmental policy, especially highlighting the role of taxation. It also connects environmental policy to social accounting by describing how measures of welfare and sustainable development depend on whether policies successfully internalize market failures. The authors discuss how the modern literature on environmental taxation and tradable permits has evolved. Environmental taxation is examined from a purely corrective perspective, and as part of a broader system of optimal taxation that reflects distributional objectives. Cost benefit rules of environmental policy reforms are also examined in various contexts. Key features include: ? Examination of optimal tax policy in static and dynamic general equilibrium models with environmental externalities? Examination of cost benefit rules for environmental policy reforms? Essential historical background to the modern literature on environmental policy? Discussion of measures of welfare and sustainable development? Environmental policy from a fiscal federalism perspective. This textbook will be essential reading for those studying environmental economics and environmental policy, working effectively as both an in-depth supplementary text in general courses on environmental economics and a strong main source for environmental policy courses.

Economic Analysis of Environmental Policy

Economic Analysis of Environmental Policy PDF Author: Ross McKitrick
Publisher: University of Toronto Press
ISBN: 1442660252
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
The relationship between economic growth and the environment is at the forefront of public attention and poses serious challenges for policymakers around the world. Economic Analysis of Environmental Policy, a textbook for advanced undergraduate and graduate courses, provides a rigorous and thorough explanation of modern environmental economics, applying this exposition to contemporary issues and policy analysis. Opening with a discussion of contemporary pollution problems, institutional players and the main policy instruments at our disposal, Ross McKitrick develops core theories of environmental valuation and optimal control of pollution. Chapters that follow cover issues like tradable permits, regulatory standards, emission taxes, and polluter liability as well as advanced topics like trade and the environment, sustainability, risk, inequality, and self-monitoring. Throughout, McKitrick uses clear, intuitive, and coherent analytical tools, so that students, academics, and practitioners can develop their policy analysis skills while comprehending the debates and challenges at the frontier of this exciting and rapidly-developing field.

Retaking Rationality

Retaking Rationality PDF Author: Richard L. Revesz
Publisher: Oxford University Press
ISBN: 0195368576
Category : Law
Languages : en
Pages : 263

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Book Description
That America's natural environment has been degraded and despoiled over the past 25 years is beyond dispute. Nor has there been any shortage of reasons why-short-sighted politicians, a society built on over-consumption, and the dramatic weakening of environmental regulations. In Retaking Rationality, Richard L. Revesz and Michael A. Livermore argue convincingly that one of the least understood-and most important-causes of our failure to protect the environment has been a misguided rejection of reason. The authors show that environmentalists, labor unions, and other progressive groups have declined to participate in the key governmental proceedings concerning the cost-benefit analysis of federal regulations. As a result of this vacuum, industry groups have captured cost-benefit analysis and used it to further their anti-regulatory ends. Beginning in 1981, the federal Office of Management and Budget and the federal courts have used cost-benefit analysis extensively to determine which environmental, health, and safety regulations are approved and which are sent back to the drawing board. The resulting imbalance in political participation has profoundly affected the nation's regulatory and legal landscape. But Revesz and Livermore contend that economic analysis of regulations is necessary and that it needn't conflict with-and can in fact support-a more compassionate approach to environmental policy. Indeed, they show that we cannot give up on rationality if we truly want to protect our natural environment. Retaking Rationality makes clear that by embracing and reforming cost-benefit analysis, and by joining reason and compassion, progressive groups can help enact strong environmental and public health regulation.