Economics at your fingertips  

Why should developing countries worry about 2050 and beyond?

Anil Markandya and Pamela Mason
Additional contact information
Pamela Mason: Department of Economics and International Development, University of Bath, UK, Postal: Department of Economics and International Development, University of Bath, UK

Journal of International Development, 2000, vol. 12, issue 4, 601-612

Abstract: This paper analyses the inter-generational bargain in terms of how people seek to invest for the wellbeing of future generations, relating the inter-generational bargain to the concept of sustainable development. We consider aspects of wellbeing that are not marketed, such as environmental and social goods, as well as consumption goods. The paper begins by considering how people might form targets for the quality of life of their children and grandchildren. We then consider to what extent individuals can effect their desires for their descendants and how, for some factors, government action can be necessary. The paper argues that developing country governments ought to be concerned about long-term issues for the democratic reason that their citizens are concerned about the wellbeing of their immediate descendants. Certain aspects of sustainable development cannot be dealt with at the individual or the community level; these require government or in some cases international action. Copyright © 2000 John Wiley & Sons, Ltd.

Date: 2000
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal of International Development is currently edited by Paul Mosley and Hazel Johnson

More articles in Journal of International Development from John Wiley & Sons, Ltd.
Series data maintained by Wiley-Blackwell Digital Licensing ().

Page updated 2018-01-09
Handle: RePEc:wly:jintdv:v:12:y:2000:i:4:p:601-612