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Title:International trade and the sustainability footprint: A practical criterion for its assessment
Journal:Ecological Economics
1999 : JAN, VOL. 28:1, p. 75-97
Index terms:INTERNATIONAL TRADE
CAPITAL
SUSTAINABLE DEVELOPMENT
Freeterms:SUSTAINABILITY
Language:eng
Abstract:A simple and minimal criterion for sustainability is that the value of nature capital plus manufactured capital be not decreasing. On the basis of any individual country or region, this would be misleading as it does not take account of the production of goods for consumption in other countries, via international trade. A method of calculating a weak sustainability criterion has been established for both closed economy approach, and for open economy approach, where trade is taken into account.
SCIMA record nr: 184383
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