|
Title |
The role of
institutions and policy in enhancing sustainable
development and conserving natural capital |
|
Author |
Veeman, T.S., Politylo,
J. |
|
Affiliation |
Department of Rural
Economy, University of Alberta, Edmonton, Alberta,
Canada T6G 2H1 |
|
Source |
Environment,
Development and Sustainability, Vol. 5 no. 3-4,
pp. 317-332, 2003 |
|
ISSN |
1387-585X |
|
Abstract |
The use and management
of natural capital is critical in all nations, but
especially so in poor nations. The role of
institutions - chiefly, property rights and
pricing systems for natural resources - is pivotal
in achieving growth and improved distribution of
income and wealth, in understanding environmental
degradation, and in seeking improved policy.
Particularly useful criteria and indicators of
sustainable development relate to 'green' output
and productivity measures in which the
depreciation of natural capital is being
considered. Special management problems exist for
'critical' components of natural capital to which
variants of the precautionary principle must be
applied to ensure that our heirs receive an
undiminished patrimony. |
|
Language |
English |
|
Publication
Year |
2003 |
|
Publication
Type |
Journal article |
|
Descriptors |
Resource management;
environmental policy; Sustainable development;
Distribution; Environmental degradation; Property
rights; Natural resources |
|
Classification |
M3 1030 -
Environmental Law, Conventions, & Policy |
|
Update |
200405 |
|
Subfile
|
Sustainable
Development |
|
Accession
Number |
05854950 |
