IDEAS home Printed from https://ideas.repec.org/p/mad/wpaper/2015-107.html
   My bibliography  Save this paper

Public Economics and Sustainable Developments Policy

Author

Listed:
  • U.Sankar

    (Madras School of Economics)

Abstract

The domain of public economics is increasing as governments‘ policy goal is shifting from economic development to sustainable development. Government has to act as a trustee representing future generations, and public policies must balance and integrate the three pillars (economic, social and environmental) of sustainable development, recognizing the ecological limits to growth. As per the UN development Agenda, sustainable development goals (SDGs) are meant for the period 2015-2030.This paper reviews the global concerns about ecological limits and the need for global partnership and considers the preparatory steps for adoption of SDGs and the means of implementation.

Suggested Citation

  • U.Sankar, 2015. "Public Economics and Sustainable Developments Policy," Working Papers 2015-107, Madras School of Economics,Chennai,India.
  • Handle: RePEc:mad:wpaper:2015-107
    as

    Download full text from publisher

    File URL: http://www.mse.ac.in/wp-content/uploads/2016/09/Working-Paper-107.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kaul, Inge & Conceicao, Pedro & Le Goulven, Katell & Mendoza, Ronald U. (ed.), 2003. "Providing Global Public Goods: Managing Globalization," OUP Catalogue, Oxford University Press, number 9780195157413.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801.
    3. U. Sankar, 2008. "Global Public Goods," Trade Working Papers 22510, East Asian Bureau of Economic Research.
    4. John Hartwick, 1977. "Intergenerational Equity and the Investment of Rents from Exhaustible Resources in a Two Sector Model," Working Paper 281, Economics Department, Queen's University.
    5. Daly, Herman E., 1990. "Toward some operational principles of sustainable development," Ecological Economics, Elsevier, vol. 2(1), pages 1-6, April.
    6. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
    7. Gelb, Alan & Tordo, Silvana & Halland, Havard & Arfaa, Noora & Smith, Gregory, 2014. "Sovereign wealth funds and long-term development finance : risks and opportunities," Policy Research Working Paper Series 6776, The World Bank.
    8. Sengupta, Ramprasad, 2013. "Ecological Limits and Economic Development," OUP Catalogue, Oxford University Press, number 9780198081654.
    9. Mani, Muthukumara & Markandya, Anil & Sagar, Aarsi & Strukova, Elena, 2012. "An analysis of physical and monetary losses of environmental health and natural resources in India," Policy Research Working Paper Series 6219, The World Bank.
    10. Martin L. Weitzman, 2007. "A Review of the Stern Review on the Economics of Climate Change," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 703-724, September.
    11. Sengupta, Ramprasad & Mukherjee, Sacchidananda & Gupta, Manish, 2015. "Financing for Infrastructure Investment in G-20 Countries," Working Papers 15/144, National Institute of Public Finance and Policy.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Humberto Llavador & John E. Roemer & Joaquim Silvestre, 2013. "Should we sustain? And if so, sustain what? Consumption or the quality of life?," Chapters, in: Roger Fouquet (ed.), Handbook on Energy and Climate Change, chapter 30, pages 639-665, Edward Elgar Publishing.
    2. Raouf BOUCEKKINE & Blanca MARTINEZ & José Ramon RUIZ-TAMARIT, 2013. "Optimal sustainable policies under pollution ceiling: the demographic side," LIDAM Discussion Papers IRES 2013028, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    3. Toman, Michael & Pezzey, John C., 2002. "The Economics of Sustainability: A Review of Journal Articles," RFF Working Paper Series dp-02-03, Resources for the Future.
    4. Koji Tokimatsu & Louis Dupuy & Nick Hanley, 2019. "Using Genuine Savings for Climate Policy Evaluation with an Integrated Assessment Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(1), pages 281-307, January.
    5. Ciprian Ionescu & Hélène Leriche & Michel Trommetter, 2016. "Biodiversity and economy: new management and accounting approaches, tools and practices," Working Papers hal-01340449, HAL.
    6. Figge, Frank & Hahn, Tobias, 2004. "Sustainable Value Added--measuring corporate contributions to sustainability beyond eco-efficiency," Ecological Economics, Elsevier, vol. 48(2), pages 173-187, February.
    7. Manel Kamoun & Ines Abdelkafi & Abdelfetah Ghorbel, 2019. "The Impact of Renewable Energy on Sustainable Growth: Evidence from a Panel of OECD Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(1), pages 221-237, March.
    8. Antoine d’Autume & Katheline Schubert, 2008. "Zero discounting and optimal paths of depletion of an exhaustible resource with an amenity value," Revue d'économie politique, Dalloz, vol. 118(6), pages 827-845.
    9. Samuel Fankhauser & Nicholas Stern, 2016. "Climate change, development, poverty and economics," GRI Working Papers 253, Grantham Research Institute on Climate Change and the Environment.
    10. Ciprian Ionescu & Hélène Leriche & Michel Trommetter, 2016. "Biodiversité et Économie : nouvelles approches, outils et démarches de gestion et de comptabilité," Post-Print hal-02794826, HAL.
    11. Damien Bazin & Emna Omri & Nouri Chtourou, 2015. "Solar Thermal Energy for Sustainable Development in Tunisia," Post-Print halshs-01070616, HAL.
    12. Valeria Costantini & Anil Markandya & Elena Paglialunga & Giorgia Sforna, 2018. "Impact and distribution of climatic damages: a methodological proposal with a dynamic CGE model applied to global climate negotiations," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 809-843, December.
    13. Keiichiro Kobayashi & Asako Chiba, 2020. "Intergenerational Bubbles of Beliefs for Sustainability," Sustainability, MDPI, vol. 12(24), pages 1-10, December.
    14. W. Botzen & Jeroen Bergh, 2014. "Specifications of Social Welfare in Economic Studies of Climate Policy: Overview of Criteria and Related Policy Insights," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(1), pages 1-33, May.
    15. Parks, Sarah & Gowdy, John, 2013. "What have economists learned about valuing nature? A review essay," Ecosystem Services, Elsevier, vol. 3(C), pages 1-10.
    16. Humberto Llavador & John E. Roemer & Joaquim Silvestre, 2013. "Should we sustain? And if so, sustain what? Consumption or the quality of life?," Chapters,in: Handbook on Energy and Climate Change, chapter 30, pages 639-665 Edward Elgar Publishing.
    17. Roman Inderst & Eftichios Sartzetakis & Anastasios Xepapadeas, 2021. "Technical Report on Sustainability and Competition," DEOS Working Papers 2103, Athens University of Economics and Business.
    18. Lindmark, Magnus & Acar, Sevil, 2013. "Sustainability in the making? A historical estimate of Swedish sustainable and unsustainable development 1850–2000," Ecological Economics, Elsevier, vol. 86(C), pages 176-187.
    19. Ciprian Ionescu & Hélène Leriche & Michel Trommetter, 2016. "Biodiversity and economy: new management and accounting approaches, tools and practices," Post-Print hal-01340449, HAL.

    More about this item

    Keywords

    Public economics; General; Public Goods; Environment and Development; Sustainability; Ecological Economics; Ecosystem Services; Government Policy;
    All these keywords.

    JEL classification:

    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mad:wpaper:2015-107. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Geetha G (email available below). General contact details of provider: https://edirc.repec.org/data/mseacin.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.