In this important book, Herman E. Daly lays bare the weaknesses of growth economics and explains why, in contrast, a steady-state economy is both necessary and desirable. Through the course of the book, Daly develops the basic concept and theory of a steady-state economy from the 1970s limits to growth debates. In doing so, he draws on work from the classical economists, through both conflicts and agreements with neo-classical and Keynesian economists, as well as recent debates on uneconomic growth.
Browse by title
A Developing Country Perspective
Edited by Pushpam Kumar and Ibrahim Thiaw
Using a selection of authoritative and original contributions, this timely book explores the uncertainty surrounding the impact of decisions undertaken to manage ecosystem services worldwide. Invariably, the policies designed and implemented to manage forests, wetlands, and marine and coastal environments often involve conflicts of interest between various stakeholders. This has added an additional layer of complexity in the context of developing countries where institutions and governance are weak or absent. Economic valuation and the subsequent design of innovative response tools such as payment for ecosystem services (PES) have the potential to offer far greater transparency. In the case of LDCs, the identification of suitable institutions for executing these tools is also of vital importance.
Forging a Path to Sustainable Development
Edited by Philip Lawn
This book focuses on three critical issues pertaining to the broader goal of sustainable development – namely, the degenerative forces of globalisation, ecological sustainability requirements, and how best to negotiate the economic transition process.
Peter A. Victor
This research review is a convenient and comprehensive collection of seminal papers on the costs of economic growth. The papers are grouped in 6 sections covering: the origins of the debate, the limits to growth, measurement, international and global dimensions, developing countries, and looking ahead.
Ecological economics formally emerged in the late 1980s in response to the failure of mainstream economic paradigms to deal adequately with the interdependence of social, economic and ecological systems. Frontier Issues in Ecological Economics focuses on a range of cutting-edge issues in the field of ecological economics and outlines plausible measures to achieve a more sustainable, just, and efficient world for all.