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Sustainable Nations: What do Aggregate Indicators tell us?

Author

Listed:
  • J. Ram Pillarisetti

    (University of Brunei Darussalam)

  • Jeroen C.J.M. van den Bergh

    (Autonomous University of Barcelona, ICREA, and VU University Amsterdam)

Abstract

This discussion paper resulted in a publication in Environment, Development and Sustainability , 2010, 12(1), 49-62. What is a 'sustainable nation’ and how can we identify and rank ‘sustainable nations’? Are nations producing and consuming in a sustainable way? Aggregate indicators have been proposed to answer these questions. This paper quantitatively compares three aggregate indicators of sustainability: the World Bank’s ‘Genuine Savings’ measure, the ‘Ecological Footprint’ and the ‘Environmental Sustainability Index’. It is concluded that rankings of sustainable nations vary significantly among these indicators. Implications of this disagreement for analysis and policy are suggested.

Suggested Citation

  • J. Ram Pillarisetti & Jeroen C.J.M. van den Bergh, 2008. "Sustainable Nations: What do Aggregate Indicators tell us?," Tinbergen Institute Discussion Papers 08-012/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20080012
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    References listed on IDEAS

    as
    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808.
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    3. Fabio Grazi & Jeroen Bergh & Piet Rietveld, 2007. "Spatial welfare economics versus ecological footprint: modeling agglomeration, externalities and trade," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 38(1), pages 135-153, September.
    4. Martinez-Alier, Joan & Munda, Giuseppe & O'Neill, John, 1998. "Weak comparability of values as a foundation for ecological economics," Ecological Economics, Elsevier, vol. 26(3), pages 277-286, September.
    5. World Bank, 2007. "World Development Indicators 2007," World Bank Publications - Books, The World Bank Group, number 8150, December.
    6. van den Bergh, Jeroen C. J. M. & Verbruggen, Harmen, 1999. "Spatial sustainability, trade and indicators: an evaluation of the 'ecological footprint'," Ecological Economics, Elsevier, vol. 29(1), pages 61-72, April.
    7. World Bank, 2005. "World Development Indicators 2005," World Bank Publications - Books, The World Bank Group, number 12426, December.
    8. Muradian, Roldan & Martinez-Alier, Joan, 2001. "Trade and the environment: from a 'Southern' perspective," Ecological Economics, Elsevier, vol. 36(2), pages 281-297, February.
    9. Pillarisetti, J.Ram, 2005. "The World Bank's 'genuine savings' measure and sustainability," Ecological Economics, Elsevier, vol. 55(4), pages 599-609, December.
    10. repec:wbk:wbpubs:12425 is not listed on IDEAS
    11. Lawn, Philip A., 2003. "A theoretical foundation to support the Index of Sustainable Economic Welfare (ISEW), Genuine Progress Indicator (GPI), and other related indexes," Ecological Economics, Elsevier, vol. 44(1), pages 105-118, February.
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    Cited by:

    1. Albu, Lucian-Liviu & Georgescu, George & Ghizdeanu, Ion, 2008. "Romania’s development level comparing with EU countries: The RGS (Relative Gap Scoring) Ranking Index," MPRA Paper 10170, University Library of Munich, Germany.
    2. Piotr Sulewski & Anna Kłoczko-Gajewska & Wojciech Sroka, 2018. "Relations between Agri-Environmental, Economic and Social Dimensions of Farms’ Sustainability," Sustainability, MDPI, vol. 10(12), pages 1-23, December.
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    4. A. Suresh & P. Krishnan & Girish K. Jha & A. Amarender Reddy, 2022. "Agricultural Sustainability and Its Trends in India: A Macro-Level Index-Based Empirical Evaluation," Sustainability, MDPI, vol. 14(5), pages 1-23, February.

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    More about this item

    Keywords

    Adjusted Net Savings; Ecological Debt; Ecological Footprint; Environmental Sustainability Index; Genuine Savings; Sustainability;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • F0 - International Economics - - General

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