J. Ram Pillarisetti () (University of Brunei Darussalam) Jeroen C.J.M. van den Bergh () (Autonomous University of Barcelona, ICREA, and VU University Amsterdam)
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What is a 'sustainable nation’ and how can we identify and rank ‘sustainable nations’? Are nations producing and consuming in a sustainable way? Aggregate indicators have been proposed to answer these questions. This paper quantitatively compares three aggregate indicators of sustainability: the World Bank’s ‘Genuine Savings’ measure, the ‘Ecological Footprint’ and the ‘Environmental Sustainability Index’. It is concluded that rankings of sustainable nations vary significantly among these indicators. Implications of this disagreement for analysis and policy are suggested.
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Find related papers by JEL classification: O1 - Economic Development, Technological Change, and Growth - - Economic Development Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy F0 - International Economics - - General
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