Weak and strong conditions for sustainable development : clarification of concepts and their policy application.

Tisdell, C. A. (Clement Allan) (1997). Weak and strong conditions for sustainable development : clarification of concepts and their policy application.. Working papers on economics, ecology and the environment. 11, Department of Economics, University of Queensland.

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Author Tisdell, C. A. (Clement Allan)
Title Weak and strong conditions for sustainable development : clarification of concepts and their policy application.
School, Department or Centre Department of Economics
Institution University of Queensland
Open Access Status Other
Series Working papers on economics, ecology and the environment.
Report Number 11
Publication date 1997-12-08
Publisher Dept. of Economics, University of Queensland
Start page 1
End page 11
Total pages 11
Language eng
Subject 340000 Economics
Abstract/Summary As is well known there are a variety of concepts of sustainable development. This paper concentrates on the main economic concept of sustainable development and discusses weak and strong conditions for it, taking into account the scope for substituting different types of capital - man-made capital (physical and human) and natural resource or environmental capital. A simple diagrammatic approach is adopted which should help to clarify controversies in this area, and allow also for the views of ecocentric persons. The possibility is explored that the conditions for sustainable development may differ between countries - some are able to adopt weaker conditions than others. In addition, some of the implications of weak and strong sustainability for project evaluation are explored and a dilemma is raised about offset policies as a means for satisfying strong sustainability conditions.
Keyword Sustainable development

Document type: Working Paper
Collections: Working Papers (School of Economics)
Ecology Centre Publications
 
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Created: Sun, 09 Dec 2007, 01:30:11 EST by Mr Naminda Peiris on behalf of Social Sciences and Humanities Library Service