Sector-Level Decisions in a Sustainability-Constrained Economy.
Despite two decades of debate, there remains little consensus about what sustainability is, and how it should be achieved. Economists primarily portray sustainability as a macro-level concern, but there has been less attention on the implications of this social objective for policies related to the...
| Publicado en: | Land Economics Vol. 79; no. 1; pp. 1 - 15 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
University of Wisconsin Press
February 2003
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Despite two decades of debate, there remains little consensus about what sustainability is, and how it should be achieved. Economists primarily portray sustainability as a macro-level concern, but there has been less attention on the implications of this social objective for policies related to the management of individual resources. This paper derives guidance for sector-level planning and project analysis from a macro-level norm of intergenerational fairness. Optimal sustainable management involves making tradeoffs between sectors. We derive a criteria for sector-level planning and project analysis that help make those tradeoffs without losing site of the sustainability goal. Reprinted by permission of the publisher. |
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