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Weak Sustainability Trends in the Andean and Nordic Countries: A Historical Perspective

In: Natural Resources and Divergence

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  • Cristián Ducoing

    (Lund University)

Abstract

This chapter traces the main sustainability trends of the five countries analyzed in this book. The starting point is to understand sustainability as main measure of development, diminishing the role of GDP or Income. In order to address these concerns, the chapter utilizes mainstream indicators such as natural resources intensity and energy consumption, and adds new comprehensive measures of development-namely Genuine Savings and natural capital as in Blum et al. (National wealth what is missing, why it matters. Oxford University Press, 2017). The first part of the chapter presents a brief debate on what means sustainability in historical perspective and how it is related with the divergent paths between Andean and Nordic countries. The second part has a quantitative account on natural resources (as share on GNI) and a comparison between the available long run estimations of GS for Chile and Sweden plus figures for Norway, Bolivia and Peru. This synopsis shows the main gap between both regions in their approaches to sustainability in the long run.

Suggested Citation

  • Cristián Ducoing, 2021. "Weak Sustainability Trends in the Andean and Nordic Countries: A Historical Perspective," Palgrave Studies in Economic History, in: Cristián Ducoing & José Peres-Cajías (ed.), Natural Resources and Divergence, chapter 0, pages 257-278, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-030-71044-6_9
    DOI: 10.1007/978-3-030-71044-6_9
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