“Itoo oppesing Perspect
At Seer ‘Groth in Real G
W) View th Enwtronmental Soicntists an
An uisprecerlented distislnana fo
Ok Specific xampier of natural resp
Can obsene strong toises
he ubdustoinabe®
View 04 Foonomists A Economic Commentoters
the potential of capital acciueuiatioy
for enviromental depraclaton
foun & Shape it rasid
Aletothem, flumarce
ature. in a brieh p04 2 coy
eburnes (fresh edaler Ocean firhe
Med-tht the reste at which we ara cluster
Activists
Thi is aun optiniatic
and technolog
SE clatms that tne ecan
Wutws $0 far, [4 Compatibie tu
$0 fa, is Compodtilie 0
eu aud eriphasig
8-40 compersnk
he
Sustaivale clevelop meng :
“Teoo Simpte Exercises in Environmental Feonomaes
ade fxpansionard the Frwirormnent 2 Otherthing. quo, freeing trade
Pralles economies to,eroo faster Foidences elairs that the p00" Alen Enjoy the
juts Ob fester crewith Gut if the &
fallen into Aeeount, the situa tior
§r an Upland forest for lec
a
;
Jal consequences of freeins trade ik
fel» Wy 0 Limbs concessions ase ute
; m by the Bove, the clforeatatien conte
DORIA IN Sittation £1ish 0} fleoddlomibens porns tenn hie
ib A Bap Hla-the law and the erporemont % aut. Oy the logging firm a nob
40 cimpemuste thane Supper
£6 lageing <
ae
fice
%
wo timber Sports are underpriced auel fk ii Like om
paid by people olmsrutvenn
+ Abselh Soca productivide, = Nek Lrentose in Social twekL being ifaw exo tint Oh tha
niet ose aubiit to tbe Cooney then ent bene efuat
+ fysgelivolie = Quawlity x Sretal Prcued vil
+ Pits prices 04 Sjonals Of Reseuree Scanéily 3% Natural resources rere really becomes
stone > Supply illus Pie Should iene 4 feral Seancily- aut for tnt Oe
Salelnust fi ells Economie Interactions 0h ose ditouees Comme tempered ge
inetd grb propel gn, eters alfamoncipsin ee
preverdsthe el Uo fanetia ebbileey
DOD o> rrr rprrnph»hAtearcting to tha Brubrddlewd Commission Report. Gustarnab "
the devilapment thab meet ine reed eee nals eres
Abi tily ob fulurr Senerations to meet their Oven needs. Fenner deodapri ont «
Sustainable lf @Soelehy’s productive base docin'é Shrinte relative to rt1pypulatiny
Capital assets Uaanirlai oh rarubectone) Capital Hunan capital One natural capital
An Econanyys productive Bowe wi shaink ib Mtistocte of Capital aisets depreciate
cana ty inupittion are not abve-to improve Suppiciondty tO comporiats for that
clapreciation Ot iA centeinaly pottivte for a com's productive baie 40 ereg while
His OwPincntoue ; but i+ Us alto peusible fora country's produttive base tothrnente —
LONLe @PParmio! * Oh the procuuative baie continues r.shrinke, enone grout
will Hep axud the slencland Ob living will ther decline « 15 determin sit a Cunt)
economic develaoment hasbeen dustainnbis ove. path time, estimation eh chatty
in following things nesd to be clove —lnolusive wicalte.— Value of. dn conemys sHoct
4 Capital ausets Prensureel 19 Lerma Of thein shodovo prices replects the eal reife
of preciethvits, Oh Capitalasety) Gi) Tes Inuitubions
Economic Aewelopment in Feeesnt Decades - Sustainabte or NOC ?. c
Feonnmiats O€ Word Bank have estimated inclusive inves ieat in dipereet countng
ee ae
ie inwertment in Rusraws Copital (Sependiling 0” Claro bie)
B+ Country wide crtirrates of irveabinerst in Mramaipa fon cope
Bea cdretin Natal splat crear ee
fretaive investment in Countriel Liles frdia , Bows ae
eh orange ato
Fre el ate pais aa sa Fear nd i oa
In cash Conrdly expected, Ret cia to Nehporiret te see pole
capt eit frvbrmasch (Ons fu, 0-1 ood Ce rape bave per
Ffaucitanls productive Rous dl eclrved ak 0.7 fp mel Go a tnd urottt perform 4 a
rai anlbscordivest: hina,Us ard Uig cau an erparaton fr then producti
Base fercopri by 3-8 2, Lfrand Suey fespectvny ent ace 9 rebate toed
Pepsetion pret la
Jehined as
p the
par pprppppprpppyp“Natural capital Stouy = The Stock, af allenvironmentsl and natasal resouree assets
Economists argue that eruinonmental degradation should Laue place, a4 lang, ad the
SQM from the activities causing tre depraclation ar Sreater tho ty Yenehits Of)
resenvvag the. anans in theis of gira form
+ Developmiéne is the desirable change. Development is a vector of deuiralble Socio.
Objectives and t a Lat of attributes unich Society secles to Oehiove of Maximize
The Clements off Uris development vector incldle, :
W) Lrexease in real ineome per‘capita
Gi) Improvement in Health and nudtitional Status
(it) Education| Qchiewvemaut
Gv) Aocess to Resources
CY) Equitable cliutyibution of Sreame
vi) Trexcoses in Basle freidom
+ Sustainable, Atwelepment is a Situation lhen the deutlepment Ueetor clecsn't decrease
Concuitions for Sustainalste Aeveleprront overtime
Sie Neceweiy condition fe diainabite. development i4 the. const: of the natural,
Capital steele “In Batic erm the Ervinomucact shoudl not be cle fortbey but
improvements esoulel de tweleome 4
Subtainalsle Jevolopment i