IDEAS home Printed from https://ideas.repec.org/a/wly/jintdv/v12y2000i4p601-612.html
   My bibliography  Save this article

Why should developing countries worry about 2050 and beyond?

Author

Listed:
  • Anil Markandya

    (Department of Economics and International Development, University of Bath, UK)

  • Pamela Mason

    (Department of Economics and International Development, University of Bath, UK)

Abstract

This paper analyses the inter-generational bargain in terms of how people seek to invest for the wellbeing of future generations, relating the inter-generational bargain to the concept of sustainable development. We consider aspects of wellbeing that are not marketed, such as environmental and social goods, as well as consumption goods. The paper begins by considering how people might form targets for the quality of life of their children and grandchildren. We then consider to what extent individuals can effect their desires for their descendants and how, for some factors, government action can be necessary. The paper argues that developing country governments ought to be concerned about long-term issues for the democratic reason that their citizens are concerned about the wellbeing of their immediate descendants. Certain aspects of sustainable development cannot be dealt with at the individual or the community level; these require government or in some cases international action. Copyright © 2000 John Wiley & Sons, Ltd.

Suggested Citation

  • Anil Markandya & Pamela Mason, 2000. "Why should developing countries worry about 2050 and beyond?," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(4), pages 601-612.
    • Handle: RePEc:wly:jintdv:v:12:y:2000:i:4:p:601-612
    DOI: 10.1002/1099-1328(200005)12:4<601::AID-JID694>3.0.CO;2-X
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    References listed on IDEAS

    as
    1. David Collard, 2000. "Generational transfers and the generational bargain," Journal of International Development, John Wiley & Sons, Ltd., vol. 12(4), pages 453-462.
    2. Norgaard, Richard B., 1990. "Economic indicators of resource scarcity: A critical essay," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 19-25, July.
    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. Lawn, Philip, 2010. "On the Ehrlich-Simon bet: Both were unskilled and Simon was lucky," Ecological Economics, Elsevier, vol. 69(11), pages 2045-2046, September.
    2. Smith, James L., 2012. "On the portents of peak oil (and other indicators of resource scarcity)," Energy Policy, Elsevier, vol. 44(C), pages 68-78.
    3. Martinez-Alier, J., 1995. "The environment as a luxury good or "too poor to be green"?," Ecological Economics, Elsevier, vol. 13(1), pages 1-10, April.
    4. RALPH C. d'ARGE & RICHARD B. NORGAARD & MANCUR OLSON & RICHARD SOMERVILLE, 1991. "Economic Growth, Sustainability, And The Environment," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 1-23, January.
    5. Collados, Cecilia & Duane, Timothy P., 1999. "Natural capital and quality of life: a model for evaluating the sustainability of alternative regional development paths," Ecological Economics, Elsevier, vol. 30(3), pages 441-460, September.
    6. Douglas B. Reynolds & Marek Kolodziej, 2009. "North American Natural Gas Supply Forecast: The Hubbert Method Including the Effects of Institutions," Energies, MDPI, vol. 2(2), pages 1-38, May.
    7. Owasim Akram & Mathilde Maitrot & Thomas Denk, 2020. "Generational Bargain, Transfer of Disadvantages and Extreme Poverty: A Qualitative Enquiry from Bangladesh," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 1173-1194, September.
    8. Qing Yang & Yang Ding & Bauke De Vries & Qi Han & Huimin Ma, 2014. "Assessing Regional Sustainability Using a Model of Coordinated Development Index: A Case Study of Mainland China," Sustainability, MDPI, vol. 6(12), pages 1-23, December.
    9. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    10. Philip Lawn, 2000. "Ecological Tax Reform: Many Know Why But Few Know How," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 2(2), pages 143-164, June.
    11. Lorraine van Blerk & Nicola Ansell, 2007. "Alternative care giving in the context of Aids in southern Africa: complex strategies for care," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(7), pages 865-884.
    12. Kallis, Giorgos & Sager, Jalel, 2017. "Oil and the economy: A systematic review of the literature for ecological economists," Ecological Economics, Elsevier, vol. 131(C), pages 561-571.
    13. Carlos de Castro & Iñigo Capellán-Pérez, 2020. "Standard, Point of Use, and Extended Energy Return on Energy Invested (EROI) from Comprehensive Material Requirements of Present Global Wind, Solar, and Hydro Power Technologies," Energies, MDPI, vol. 13(12), pages 1-43, June.
    14. Reynolds, Douglas B., 1999. "The mineral economy: how prices and costs can falsely signal decreasing scarcity," Ecological Economics, Elsevier, vol. 31(1), pages 155-166, October.
    15. Kroeger, Timm & Casey, Frank, 2007. "An assessment of market-based approaches to providing ecosystem services on agricultural lands," Ecological Economics, Elsevier, vol. 64(2), pages 321-332, December.
    16. Reynolds, Douglas B., 2013. "Uncertainty in exhaustible natural resource economics: The irreversible sunk costs of Hotelling," Resources Policy, Elsevier, vol. 38(4), pages 532-541.
    17. Mercure, Jean-François & Salas, Pablo, 2013. "On the global economic potentials and marginal costs of non-renewable resources and the price of energy commodities," Energy Policy, Elsevier, vol. 63(C), pages 469-483.
    18. Michael W. Kpessa, 2010. "Ideas, Institutions, and Welfare Program Typologies: An Analysis of Pensions and Old Age Income Protection Policies in Sub‐Saharan Africa," Poverty & Public Policy, John Wiley & Sons, vol. 2(1), pages 37-65, January.
    19. Cairns, Robert D., 1998. "Are mineral deposits valuable? A reconciliation of theory and practice," Resources Policy, Elsevier, vol. 24(1), pages 19-24, March.
    20. Cees Withagen, 1998. "Untested Hypotheses in Non-Renewable Resource Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 11(3), pages 623-634, April.

    More about this item

    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:wly:jintdv:v:12:y:2000:i:4:p:601-612. 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: Wiley Content Delivery (email available below). General contact details of provider: http://www3.interscience.wiley.com/journal/5102/home .

    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.