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Sustainable Development A Challenge for the World Economy

Author

Listed:
  • Amelung, Torsten

Abstract

Most economies in the world have been on a track that was based on an irreversible consumption of natural resources in order to fuel their economic growth. For developing nations, this process has just started. In order to help developing nation to leap-frog into a strategy that is less wasteful with respect to the consumption of the natural resources, it would make snse to set up an international transfer system that pays developing nations for the positive global external effects caused by their sustainable development policies.

Suggested Citation

  • Amelung, Torsten, 1992. "Sustainable Development A Challenge for the World Economy," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 32-43.
    • Handle: RePEc:zbw:espost:235493
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    File URL: https://www.econstor.eu/bitstream/10419/235493/1/1992-Amelung-Sustainable-Development.pdf
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    More about this item

    JEL classification:

    • F64 - International Economics - - Economic Impacts of Globalization - - - Environment
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • 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

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