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Author: Leonardo Becchetti
Publisher: Academic Press
ISBN: 0128162929
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative—not heterodox—view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges. Marries criticism of the neo-classical model with empirical work on the possibilities of alternative frameworks for action Links new ideas (homo reciprocans, happiness, relational goods) to established microeconomic concepts (the market, perfect and imperfect competition, utility maximization) Devotes specific attention to relevant elements in economic history, explaining how we evolved to the current paradigm and to its challenge
Author: Leonardo Becchetti
Publisher: Academic Press
ISBN: 0128162929
Category : Business & Economics
Languages : en
Pages : 480
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Book Description
The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative—not heterodox—view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges. Marries criticism of the neo-classical model with empirical work on the possibilities of alternative frameworks for action Links new ideas (homo reciprocans, happiness, relational goods) to established microeconomic concepts (the market, perfect and imperfect competition, utility maximization) Devotes specific attention to relevant elements in economic history, explaining how we evolved to the current paradigm and to its challenge
Author: Éloi Laurent
Publisher: Springer Nature
ISBN: 3030678601
Category : Business & Economics
Languages : en
Pages : 285
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Book Description
The purpose of this volume, bringing together key actors of the well-being community, including scholars and policy-makers, is to advance the understanding and undertaking of the well-being transition away from growth and toward resilience and sustainability, at a time when this progress has become a vital necessity. A decade after the publication of the Stiglitz Report (2009), alternative visions to GDP and growth, that flourished in the 1970s, have re-emerged from all corners of the world, at all levels of governance. Yet, GDP and growth remain very much dominant in defining public policies, influencing businesses and shaping imaginaries. This book moves forward on two urgent tasks that stand before us in order to make progress in the well-being transition: first, connecting well-being to sustainability in a consistent framework highlighting their complementarity, using health as a pivot; second, operationalizing well-being indicators, i.e. integrating them into policy at all levels of governance.
Author: Robert Costanza
Publisher: Edward Elgar Publishing
ISBN: 1789900956
Category : Nature
Languages : en
Pages : 480
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Book Description
Ecological economics can help create the future that most people want – a future that is prosperous, just, equitable and sustainable. This forward-thinking book lays out an alternative approach that places the sustainable wellbeing of humans and the rest of nature as the overarching goal. Each of the book’s chapters, written by a diverse collection of scholars and practitioners, outlines a research and action agenda for how this future can look and possible actions for its realisation.
Author: Peter L.P. Bartelmus
Publisher: Routledge
ISBN: 1351140590
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
This book explores what is needed for an overall evaluation of the prosperity and wellbeing of people within a framework of sustaining the economy, environment and development. The book begins by assessing the validity of available data, indicators and indices in decision and policy making. It describes what the data tell us about the effects of economic activity on the quality of life and prosperity of people and nations, now and in the future, and highlights how a reliance on partial and distorted information can thwart rational policies. It also examines whether less tangible notions of wellbeing and happiness lend themselves to quantification and prediction. Overall, Bartelmus demonstrates the need for integrated accounting and analysis to revise policy priorities around environmental, social, economic and sustainability concerns. Confronting the persisting polarization of environmentalists and economists, this book will be of great relevance to students, scholars and professionals with an interest in environmental and ecological economics, sustainability indicators and their use in integrative policy.
Author: Edward B. Barbier
Publisher: Springer Nature
ISBN: 3030786986
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
This is the first book that employs economics to develop and apply an analytical framework for assessing progress towards the Sustainable Development Goals (SDGs). The authors explore the historical context for the underlying sustainability concept, develop an economics-based analytical framework for assessing progress towards the SDGs, and discuss the implications for sustainability policy and future research. Economics is concerned with analysing the trade-offs in allocating scarce means to achieve various ends. Thus, economic methods are ideally suited to assessing how progress towards one or more SDGs may come at the expense of achieving other goals. Such interactions are inevitable in meeting the 2030 Agenda over the next decade, given that the SDGs include different economic, social, and environmental elements. Although it may be possible to make progress across all 17 goals by 2030, it is more likely that improvement toward all goals will be mixed. For example, we may have reduced poverty or hunger over recent years, but the way in which this progress has been achieved – e.g. through economic expansion and industrial growth – may have come at the cost in achieving some environmental or social goals. On the other hand, progress in reducing poverty is likely to go hand-in-hand with other important goals, such as eliminating hunger, improving clean water and sanitation, and ensuring good health and well-being. Assessing these interactions is essential for guiding policy, so that countries and the international community can begin implementing the right set of environmental, social and economic policies to achieve more sustainable and inclusive global development.
Author: Karen Scott
Publisher: Routledge
ISBN: 1849714630
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
This book offers new insights into the relationship between wellbeing and sustainable development through a focus on local indicators
Author: Dale W. Jorgenson
Publisher: University of Chicago Press
ISBN: 022612147X
Category : Business & Economics
Languages : en
Pages : 672
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Book Description
Since the Great Depression, researchers and statisticians have recognized the need for more extensive methods for measuring economic growth and sustainability. The recent recession renewed commitments to closing long-standing gaps in economic measurement, including those related to sustainability and well-being. The latest in the NBER’s influential Studies in Income and Wealth series, which has played a key role in the development of national account statistics in the United States and other nations, this volume explores collaborative solutions between academics, policy researchers, and official statisticians to some of today’s most important economic measurement challenges. Contributors to this volume extend past research on the integration and extension of national accounts to establish an even more comprehensive understanding of the distribution of economic growth and its impact on well-being, including health, human capital, and the environment. The research contributions assess, among other topics, specific conceptual and empirical proposals for extending national accounts.
Author: Mònica Guillen-Royo
Publisher: Routledge
ISBN: 1317647270
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
The idea that we can meet human needs and simultaneously conserve and even enhance the natural environment is an attractive one. Since the Brundtland report popularised a definition of sustainable development based on the concept of needs, there has been a widespread belief that it should be possible to achieve a good quality of life without compromising natural ecosystems. Sustainability and Wellbeing fills a gap in sustainable development studies by drawing on a range of case-studies to discuss the challenges and opportunities of using Max-Neef’s Human Scale Development (HSD) framework in practice. The first section presents the theory and the methodology of HSD in the context of related literature on sustainable development and wellbeing. The second section discusses applications of the HSD methodology with three different purposes: the design of sustainable development interventions; the engagement of researchers with communities or groups of people in sustainability processes and the consolidation of sustainable community initiatives. Finally, the third reflects on challenges and limitations of using the HSD approach to define strategies for sustainable development and concludes. This is an invaluable resource for researchers and postgraduate students in wellbeing, sustainability, sustainable development, and human development.
Author: Marc Fleurbaey
Publisher: Oxford University Press
ISBN: 0199346917
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
In spite of recurrent criticism and an impressive production of alternative indicators by scholars and NGOs, GDP remains the central indicator of countries' success. This book revisits the foundations of indicators of social welfare, and critically examines the four main alternatives to GDP that have been proposed: composite indicators, subjective well-being indexes, capabilities (the underlying philosophy of the Human Development Index), and equivalent incomes. Its provocative thesis is that the problem with GDP is not that it uses a monetary metric but that it focuses on a narrow set of aspects of individual lives. It is actually possible to build an alternative, more comprehensive, monetary indicator that takes income as its first benchmark and adds or subtracts corrections that represent the benefit or cost of non-market aspects of individual lives. Such a measure can respect the values and preferences of the people and give as much weight as they do to the non-market dimensions. A further provocative idea is that, in contrast, most of the currently available alternative indicators, including subjective well-being indexes, are not as respectful of people's values because, like GDP, they are too narrow and give specific weights to the various dimensions of life in a more uniform way, without taking account of the diversity of views on life in the population. The popular attraction that such alternative indicators derive from being non-monetary is therefore based on equivocation. Moreover, it is argued in this book that "greening" GDP and relative indicators is not the proper way to incorporate sustainability concerns. Sustainability involves predicting possible future paths, therefore different indicators than those assessing the current situation. While various indicators have been popular (adjusted net savings, ecological footprint), none of them involves the necessary forecasting effort that a proper evaluation of possible futures requires.
Author: A. Bandarage
Publisher: Springer
ISBN: 1137308990
Category : Science
Languages : en
Pages : 114
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Book Description
Asoka Bandarage provides an integrated analysis of the twin challenges of environmental sustainability and human well-being by investigating them as interconnected phenomena requiring a paradigmatic psychosocial transformation. She presents an incisive social science analysis and an alternative philosophical perspective on the needed transition from a worldview of domination to one of partnership.
