Glenn-Marie Lange - Böcker

One of the most important and complex problems facing both developing and industrialized nations is how to sustain economic growth without harming the environment. Faye Duchin and Glenn-Marie Lange address this issue in a practical and realistic way: through a detailed evaluation of the well-known approach to sustainable development outlined in the Brundtland Report, Our Common Future. Taking issue with the Brundtland Report's optimistic and widely accepted assumptions, the authors show that the positive effects of recycling, increased fuel-efficiency, and other technological adjustments will not go far enough to provide for truly sustainable development in the long term. Through a new, broad-based empirical analysis, they argue that unless there are significant changes in the use of technologies, continued environmental degradation cannot be avoided. They warn that the trend of making only slight adjustments in the use of technologies, while feasible from an economic point of view for industrialized nations, will undoubtedly lead to further environmental damage. In addition to offering a clear and unflinching look at what development is really doing to the global environment, the unique conceptual framework developed for this analysis provides an invaluable basis for analysis for the new, multidisciplinary field of ecological economics. Duchin and Lange describe how this new methodology will enable economists and policy-makers to evaluate our options for the future and choose those that most effectively reduce environmental degradation and achieve sustainable development.

Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995–2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the first volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the first time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fisheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet.

Environmental accounts bring together economic and environmental information in a common framework to measure the contribution of the environment to the economy and the impact of the economy on the environment. They enable governments to set priorities, monitor economic policies more precisely, enact more effective environmental regulations and resource management strategies, and design more efficient market instruments for environmental policies. Many industrialized countries compile environmental accounts, but progress in developing countries has been limited - even though the need for environmental accounts is perhaps more acute in these regions. Environmental Accounting in Action studies the experiences of Namibia, Botswana and South Africa, the core countries of a unique, regional environmental accounting programme in Southern Africa. Covering minerals, forestry, fisheries and water, each chapter provides important lessons about sustainable resource management. As a whole, the case studies demonstrate how to overcome the many challenges of constructing environmental accounts and the mechanics of successful implementation. By providing a transparent system of information about the relationship between human activities and the environment, the accounts have improved policy dialogue among different stakeholders and have played a significant role in environmental policy design.This book advances a powerful argument for the use of environmental accounts and is a major contribution to the environmental literature on developing countries. Environmental and ecological economists, resource managers, policymakers, NGOs and anyone concerned with sustainable development will find this an informative and valuable read.