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58 reviewsEconomic growth, reflected in increases in national output per capita, makes possible an improved material standard of living. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity.
Fundamental questions addressed in this textbook include:
This interdisciplinary textbook uses a blend of formal models, empirical evidence, history and statistics to provide a coherent and comprehensive treatment of economic growth and sustainable development.