Sustainable Development - Has It Run Its Course?

Peter Bartelmus ()
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Peter Bartelmus: Bergische Universität WUppertal/ Schumpeter School of Business and Economics

No disbei162, EIIW Discussion paper from Universitätsbibliothek Wuppertal, University Library

Abstract: The cornucopian paradigm of sustainable development eludes quantification and opens the door to advocacy and activism. Moreover, setting normative sustainability targets for an opaque development concept blurs assessment and analysis. Policy integration should focus, therefore, on what is measurable and comparable. Operational concepts of ecological and economic sustainability address the immediate interaction between environment and economy. Material flow balances and greened national accounts define and measure these sustainability concepts. Sustainable development carries some goodwill, but practical policy should tackle the environmental sustainability of economic performance and growth.

Keywords: sustainable development; sustainable economic growth; dematerialization; capital maintenance; environmental accounting (search for similar items in EconPapers)
JEL-codes: Q01 Q56 (search for similar items in EconPapers)
Pages: 27 Pages
Date: 2009-01
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Persistent link: https://EconPapers.repec.org/RePEc:bwu:eiiwdp:disbei162

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