Valuation for Sustainable Development: Methods and Policy Indicators (Advances in Ecological Economics series) - Hardcover

 
9781858984254: Valuation for Sustainable Development: Methods and Policy Indicators (Advances in Ecological Economics series)
Hardcover
ISBN 10: 1858984254 ISBN 13: 9781858984254
Publisher: Edward Elgar Publishing Ltd, 1998

Synopsis

This important new book develops an ecological-economics perspective on sustainability at the regional, national and international level. It explores prospects for sustainable development using methods firmly grounded in empirical reality, as well as emphasizing scientific, economic and socio-political concerns.

This approach is based on the construction of non-monetary indicators for sustainability, and the application of cost-effectiveness analyses to identify robust alternatives for the achievement of specified policy norms. In calculating the requirements for sustainability the contributors attach importance to multiple criteria decision aid (MCDA) methods of analysis to evaluate the key components of sustainability and help assess the sustainability of aregional or national economic development trajectory. Case studies of water pollutants in the Bretagne region in France and greenhouse gas reduction in Europe are used to investigate resource allocation from this perspective. The contributors utilize the M3ED model - a structural economy-environment simulation model which gives a multi-sectoral representation of a national economy's production, final consumption and environmental pressures - to explore feasible economic futures. It is applied to scenarios in France to demonstrate ways that prospects for sustainability can be investigated at a national level. The contributors compare and contrast these models with the aims of more typical neoclassical modelling in their search for the most effective approaches to defining operational measures for sustainability.

This book will be of great interest to academics in the field of ecological and environmental economics and to policymakers and planners in government and industry.

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About the Author

Edited by Sylvie Faucheux, Professor of Economic Science and Martin O’Connor, Associate Professor of Economic Science, C3ED, Université de Versailles–Saint Quentin en Yvelines, France

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Publisher
Edward Elgar Publishing Ltd
Publication date
1998
Language
English
ISBN 10 
1858984254
ISBN 13 
9781858984254
Binding
Hardcover
Number of pages
352
Editor
Faucheux Sylvie, O’Connor Martin