Intergenerational Justice, International Relations and Sustainability

John Roemer and Roberto Veneziani

Chapter 13 in Intergenerational Equity and Sustainability, 2007, pp 228-251 from Palgrave Macmillan

Abstract: Abstract During the next thirty to fifty years, the populous, poor countries of China and India will, one hopes, approach the current per capita income of countries in the highly developed world today. In purchasing-power-parity terms, China’s per capita in 2003 was $4,990, while Britain’s was $27,650.1 At an annual rate of real growth of 7% per annum — considerably less than China’s growth rate over the past twenty years — China’s per capita income will overtake Britain’s current income in twenty-five years’ time. One can expect that Chinese and Indian citizens will desire at least the standard of living that Britons enjoyed in 2003. The pressure on the natural resource base of the earth, in particular the biosphere, will in all likelihood be immense.

Keywords: Strict Inequality; Social Welfare Function; Intergenerational Equity; International Transfer; International Justice (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230236769_13

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