Human Well-Being and the Natural Environment

Human Well-Being and the Natural Environment

by Partha DasGupta
     
 

ISBN-10: 0199267197

ISBN-13: 9780199267194

Pub. Date: 05/20/2004

Publisher: Oxford University Press

In Human Well-Being and the Natural Environment, Partha Dasgupta explores ways to measure the quality of life. In developing quality of life indices, he pays particular attention to the natuaral environment, illustrating how it can be incorporated, more generally, into economic reasoning in a seamless manner. Such familiar terms as "sustainable

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Overview

In Human Well-Being and the Natural Environment, Partha Dasgupta explores ways to measure the quality of life. In developing quality of life indices, he pays particular attention to the natuaral environment, illustrating how it can be incorporated, more generally, into economic reasoning in a seamless manner. Such familiar terms as "sustainable development," "social discount rates," and Earth's "carrying capacity" are given a firm theoretical underpinning. The author shows that, whether we are interested in valuing the state of affairs in a country or in evaluating economic policy there. The index that should be used is the economy's wealth, which is the social worth of its capital assets.
Dasgupta puts the theory he develops to use in extended commentaries on the economics of population, poverty traps, global warming, structural adjustment programs, and free trade, particularly in relation to poor countries. The result is a treatise that goes beyond quality-of-life measures and offers a comprehensive account of the newly emergent subject of ecological economics.
With the publication of this new paperback edition, Dasgupta has taken the opportunity to update and revise his text in a number of ways, including developments to facilitate its current use on a number of graduate courses in environmental and resource economics. The treatment of the welfare economics of imperfect economies has been developed using new findings, and the appendix has been expanded to include applications of the theory to a number of institutions and to develop approximate formulae for estimating the value of environmental natural resources.

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Product Details

ISBN-13:
9780199267194
Publisher:
Oxford University Press
Publication date:
05/20/2004
Edition description:
New Edition
Pages:
376
Product dimensions:
9.20(w) x 6.10(h) x 0.90(d)

Table of Contents

Summary and Guide
Introduction: Means and Ends
I Valuing and Evaluating Prologue
1. The Notion of Well-Being
*1. Ordering Social States
2. Why Measure Well-Being?
3. Constituents and Determinants of Well-Being
II Measuring Current Well-Being Prologue
4. Theory
5. Current Quality of Life in Poor Countries
III Measuring Well-Being over Time Prologue
6. Intergenerational Well-Being
*6. Intergenerational Conflicts
7. Economic Institutions and the Natural Environment
8. Valuing Goods
9. Wealth and Well-Being
IV Evaluating Policies in Imperfect Economies Prologue
10. Policy Reforms
11. Discounting Future Consumption: How and Why
12. Institutional Responses to Policy Change
V Valuing Potential Lives Prologue
13. Some Views
14. Classical Utilitarianism and the Genesis Problem
*14. Numbers and Well-Being under Classical Utilitarianism
15. Actual versus Potential Lives
*15. Generation-Relative Utilitarianism
Appendix

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