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Author:Binswanger, H. C.
Title:Making sustainability work
Journal:Ecological Economics
1998 : OCT, VOL. 27:1, p. 3-11
Index terms:SUSTAINABLE DEVELOPMENT
ECONOMIC GROWTH
TECHNOLOGICAL CHANGE
NON-RENEWABLE RESOURCES
Freeterms:SUSTAINABILITY
Language:eng
Abstract:The role of nature and environment are usually neglected in today's economic theory. However, it is essential to integrate nature into the standard concepts of economics to make sustainability work. Economic growth is not the result of technical change but is mainly caused by rising energy inputs into the economy, and this is necessarily followed by resource exhaustion and pollution. Nature must not only be taken account as a central factor of production but also in the form of environmental quality.
SCIMA record nr: 181745
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