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Intergenerational Justice, International Relations and Sustainability

In: Intergenerational Equity and Sustainability

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  • John E. Roemer
  • Roberto Veneziani

Abstract

During the next thirty to fifty years, the populous, poor countries of China and India will, one hopes, approach the current per capita income of countries in the highly developed world today. In purchasing-power-parity terms, China’s per capita in 2003 was $4,990, while Britain’s was $27,650.1 At an annual rate of real growth of 7% per annum — considerably less than China’s growth rate over the past twenty years — China’s per capita income will overtake Britain’s current income in twenty-five years’ time. One can expect that Chinese and Indian citizens will desire at least the standard of living that Britons enjoyed in 2003. The pressure on the natural resource base of the earth, in particular the biosphere, will in all likelihood be immense.

Suggested Citation

  • John E. Roemer & Roberto Veneziani, 2007. "Intergenerational Justice, International Relations and Sustainability," International Economic Association Series, in: John Roemer & Kotaro Suzumura (ed.), Intergenerational Equity and Sustainability, chapter 13, pages 228-251, Palgrave Macmillan.
  • Handle: RePEc:pal:intecp:978-0-230-23676-9_13
    DOI: 10.1057/9780230236769_13
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    Cited by:

    1. Giorgos Galanis & Roberto Veneziani, 2017. "Equality of When?," Working Papers 812, Queen Mary University of London, School of Economics and Finance.

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