Sustainable Development: Concept and Strategies
Synopsis
In fact, sustainable development theory links models of long-term biological and economic maximization. It extends cost benefit analysis and bio-economic and combines it with ideas of economic welfare. Economic tools are available for the public to evaluate alternative outcomes; for instance, increase in production as against various environmental scenarios. For "sustainable development" solutions to be economically efficient greater use needs to be made of economics in the setting of goals and in the attainment. Perhaps, even before this can occur politicians lawyers and environmental scientists need to recognize the important role that can be played by economics. Also, economist need to recognize that sustainable development, in one form or other, is here to say and devote more resources to its research. It is hoped that the present book on sustainable development will be of immense use for all those dealing with the subject.
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