Blueprint for a Green Economy

by ; ;
Format: Paperback
Pub. Date: 1989-12-01
Publisher(s): Earthscan / James & James
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Summary

The most influential account available of the policies needed to achieve sustainability in a national economy. A winner of the Guiseppe Mazzoti prize for literature, it is widely referred to by policy makers throughout the world, and has been adopted as a student text on a number of courses.

Table of Contents

Preface xii
Introduction
1(27)
The idea of sustainable development
1(2)
Sustainable development as a bequest to the future
3(1)
Economy and environment
4(1)
Valuing the environment
5(2)
Anticipatory and reactive environmental policy
7(4)
The challenge of global pollution
11(4)
Natural adaptation
15(1)
Policy response
16(2)
Summarizing the sustainable development approach to environmental policy
18(1)
Growth versus the environment?
19(9)
The Meaning of Sustainable Development
28(23)
Economic development, development and economic growth
29(1)
Environment, development and growth
30(2)
Sustainable development
32(1)
Sustainable development and the environment
33(1)
Sustainable development as non-declining wealth
34(3)
Sustainable development as non-declining natural wealth
37(3)
Sustainability as resilience
40(3)
Various meanings of constant capital stock
43(2)
Importing and exporting sustainability
45(2)
Conclusions on the meaning of sustainable development
47(4)
Valuing the Environment
51(42)
Economics and environmental values
51(4)
The uses of monetary measures
55(2)
Monetary value of national environmental damage and benefits
57(3)
Total economic value
60(3)
Total economic value and decision-making
63(1)
Direct and indirect valuation
63(1)
The hedonic price approach
64(3)
Examples of hedonic price estimates of environmental quality
67(2)
Contingent valuation
69(2)
Travel-cost approaches
71(4)
More on existence value
75(2)
Empirical measures of option and existence value
77(3)
Conclusions on valuing the environment
80(13)
Annex: Difficulties in the Application of Estimation Techniques
82(11)
Accounting for the Environment
93(27)
Environmental accounting: the physical approach
95(10)
Environmental accounting: the monetary approach
105(8)
Environmental accounting: a physical or monetary approach?
113(3)
The treatment of environmental accounts in the United Kingdom
116(1)
Conclusions and recommendations
117(3)
Project Appraisal
120(12)
The basic analytics of project appraisal
120(2)
Valuing environmental damage
122(5)
An additional approach to project appraisal: integrating sustainability into cost-benefit analysis
127(2)
Conclusions
129(3)
Discounting the Future
132(21)
The nature of discounting
132(3)
Discounting and the environment
135(1)
The environmentalist critique of discounting
136(7)
Conclusions on ``environmental critiques'' of discounting
143(1)
Discounting and natural resources
144(1)
Should discount rates be adjusted because of environmental concern?
145(6)
Conclusions
151(2)
Prices and Incentives for Environmental Improvement
153(33)
Levels of the economy at which sustainable development incentives are required
153(1)
Markets and prices
154(2)
The proper pricing of products and services
156(1)
Making the polluter pay
156(2)
Who is the polluter?
158(2)
Sustainable development and the PPP
160(1)
What are market-based incentives?
161(1)
A carbon tax
162(5)
The proper pricing of natural resources
167(1)
Integrative environmental policy and market-based incentives
167(1)
Incentives and energy conservation
168(2)
Conclusions on pricing for sustainable development
170(16)
Annex: Sustainable Development---A Gallery of Definitions
173(13)
Index 186

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