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Wealth, Welfare and Sustainability: Advances in Measuring Sustainable Development

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This important book presents fresh thinking and new results on the measurement of sustainable development.

Economic theory suggests that there should be a link between future wellbeing and current wealth. This book explores this linkage under a variety of headings: population growth, technological change, deforestation and natural resource trade. While the relevant theory is presented briefly, the chief emphasis is on empirical measurement of the change in real wealth: this measure of net o...