This book argues that the theory of sustainable development lost some of its rigor because of two main reasons. The first manifests itself as an inflation of concepts that hampers the correct understanding of sustainability’s essence. The second one consists of a departure from the traditional scientific sources of the classicists and, in part, neoclassicists. Exploiting relevant areas of their works, the authors outline the theoretical framework necessary to promote a healthy version of sustainability. Of utmost interest prove to be areas such as: the formation process of natural prices and natural rate of interest; placing growth before employment and placing production before distribution, consumption, and social justice.

This book explores sustainable development from the perspective of the post-communist experience of Eastern Europe. Taking into account the specific characteristics of different countries within Eastern Europe, the contrast between economic theory and practice is highlighted. An understanding of the economic development of the Eastern Europe is presented to provide insights into the challenges, in particular the juxtaposition of new and old traditions, and opportunities for sustainable development in this area.

This book highlights how the implementation of sustainable development policies is dependent on culture, institutions, history, and geography. It will be relevant to students and researchers interested in environmental economics and the economic development of Eastern Europe.

This book argues that the theory of sustainable development lost some of its rigor because of two main reasons. The first manifests itself as an inflation of concepts that hampers the correct understanding of sustainability’s essence. The second one consists of a departure from the traditional scientific sources of the classicists and, in part, neoclassicists. Exploiting relevant areas of their works, the authors outline the theoretical framework necessary to promote a healthy version of sustainability. Of utmost interest prove to be areas such as: the formation process of natural prices and natural rate of interest; placing growth before employment and placing production before distribution, consumption, and social justice.

This book explores sustainable development from the perspective of the post-communist experience of Eastern Europe. Taking into account the specific characteristics of different countries within Eastern Europe, the contrast between economic theory and practice is highlighted. An understanding of the economic development of the Eastern Europe is presented to provide insights into the challenges, in particular the juxtaposition of new and old traditions, and opportunities for sustainable development in this area.

This book highlights how the implementation of sustainable development policies is dependent on culture, institutions, history, and geography. It will be relevant to students and researchers interested in environmental economics and the economic development of Eastern Europe.