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The Place of Nature in Economic Development

  • Dasgupta, Partha
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    In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and analyzed. It is also shown that conventional measures of human welfare are inadequate for identifying sustainable development.

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    This chapter was published in:
  • Dani Rodrik & Mark Rosenzweig (ed.), 2010. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 5, number 6.
  • This item is provided by Elsevier in its series Handbook of Development Economics with number v:5:y:2010:i:c:p:4977-5046.
    Handle: RePEc:eee:devchp:v:5:y:2010:i:c:p:4977-5046
    Contact details of provider: Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description

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