Sustainable development: Have we got our priorities right?

Peter Clough
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Peter Clough: New Zealand Institute of Economic Research

No 2009/7, NZIER Working Paper from New Zealand Institute of Economic Research

Abstract: This paper considers New Zealand’s current sustainable development policy in light of international approaches to sustainability which focus on maintaining stocks of natural, physical, institutional and human capital. We find that New Zealand’s environmental priorities are not well targeted at sustaining critical stocks or on effects that New Zealand policy can realistically expect to control. Their net benefit to New Zealanders is therefore open to question. This suggests a change in focus could both improve environmental and economic outcomes for the country at large.

Keywords: sustainability; environmental policy; government policy; New Zealand (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2009-11-03
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