IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Ecological Economics Of Sustainable Development

Listed author(s):
  • Werner Hediger

    (Agricultural Economics, Swiss Federal Institute of Technology, Zurich, Switzerland)

Registered author(s):

    Although sustainability became a watchword in recent years, the idea is by no means new. It has a long tradition in various domains ranging from a basic forestry principle, to economic growth and nature conservation objectives, and the present challenge of sustainable development. The latter does not only involve an extremely important transformation of the ecologically based concept of physical sustainability to the context of social and economic development. It implies the necessity for a holistic approach to integrate some basic principles of sustainability that have been developed in economics as well as in ecology. Since none of these traditional concepts is sufficient for sustainable development, which means conservation and change is balanced through an adaptive process, new approaches are required that extend the scope of analysis towards an ecological-economic synthesis. Such an integrated approach must particularly overcome the gap between the schools of weak and strong sustainability, and integrate principles from bio-economics and the economics of environmental conservation, along with comprehensive concepts of needs and wants, social equity, and ecosystem integrity. These are suitably represented in a socio-economic value principle, and usefully formalized in an intertemporal allocation framework with social and ecological sustainability constraints that allow the benchmarking of feasible and viable sustainable development paths. © 1997 John Wiley & Sons, Ltd. and ERP Environment

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" 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.

    Article provided by John Wiley & Sons, Ltd. in its journal Sustainable Development.

    Volume (Year): 5 (1997)
    Issue (Month): 3 ()
    Pages: 101-109

    in new window

    Handle: RePEc:wly:sustdv:v:5:y:1997:i:3:p:101-109
    DOI: 10.1002/(SICI)1099-1719(199712)5:3<101::AID-SD77>3.0.CO;2-X
    Contact details of provider: Web page:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    in new window

    1. John M. Hartwick, 1978. "Substitution Among Exhaustible Resources and Intergenerational Equity," Review of Economic Studies, Oxford University Press, vol. 45(2), pages 347-354.
    2. Common, Mick & Perrings, Charles, 1992. "Towards an ecological economics of sustainability," Ecological Economics, Elsevier, vol. 6(1), pages 7-34, July.
    3. Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-149.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:wly:sustdv:v:5:y:1997:i:3:p:101-109. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)

    or (Christopher F. Baum)

    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 references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.