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For example, according to weak sustainability, replacing a natural forest with a park or agricultural land can be considered sustainable if the recreational or economic value equal the value of the biodiversity lost and further environmental impact caused. According to strong sustainability, cutting down trees in a natural forest and planting ...
An example of the latter is the European Society for Ecological Economics. An example ... including strong and weak sustainability or conservationists vs ...
In resource economics, Hartwick's rule defines the amount of investment in produced capital (buildings, roads, knowledge stocks, etc.) that is needed to exactly offset declining stocks of non-renewable resources. This investment is undertaken so that the standard of living does not fall as society moves into the indefinite future.
Download as PDF; Printable version; ... Pages in category "Economics of sustainability" ... Weak sustainability criticism; Wonderland model
Details around the economic dimension of sustainability are controversial. [1] Scholars have discussed this under the concept of weak and strong sustainability. For example, there will always be tension between the ideas of "welfare and prosperity for all" and environmental conservation, [8] [1] so trade-offs are necessary.
For example, the benefits from the introduction of new crops may not be sustained if the constraints to marketing the crops are not resolved. Similarly, economic, as distinct from financial, sustainability may be at risk if the end users continue to depend on heavily subsidized activities and inputs. Ecological sustainability. Are the benefits ...
The Fed's decision came days after Donald J. Trump was elected 47th president of the U.S. and amid conflicting economic signals, with inflation at its lowest in more than four years yet weak ...
The rate or type of economic growth may have important consequences for the environment (the climate and natural capital of ecologies). Concerns about possible negative effects of growth on the environment and society have led some to advocate lower levels of growth, from which comes the idea of uneconomic growth and Green parties which argue that economies are part of a global society and a ...