Economic Initiatives and Sustainable Development: an Assessment of Possibilities and Limitations

Stein Hansen

Chapter 10 in Towards Sustainable Development, 1999, pp 173-192 from Palgrave Macmillan

Abstract: Abstract The sustainable development advocated by the Brundtland Commission’s report Our Common Future (1987), presupposes global economic growth (see Chapter 1) and a distribution of assets and income where developing countries are given the opportunity to attain a significant increase in disposable income per capita, as the basis for redressing poverty. Development policies with such a goal will inevitably mean a strategy consisting of raising the poor to the level of the rich (or in any case, in the direction of this level) and creating conducive conditions in the poor part of the world for investments and consumption according to the pattern of present industrial countries.

Keywords: Sustainable Development; OECD Country; Rich Country; Reference Path; Debt Relief (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1057/9780230378797_10

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