Wealth, Natural Capital, and Sustainable Development: Contrasting Examples from Botswana and Namibia
@article{Lange2004WealthNC, title={Wealth, Natural Capital, and Sustainable Development: Contrasting Examples from Botswana and Namibia}, author={Glenn-Marie Lange}, journal={Environmental and Resource Economics}, year={2004}, volume={29}, pages={257-283} }
Theoretical work has demonstrated that sustainable development requires non-declining per capita wealth, where wealth is defined to include produced, natural, human and social capital. Several studies have attempted to measure total national wealth or changes in wealth, but have been seriously hampered by a lack of data, especially for natural and human capital. To address this problem, the UN and other international statistical agencies developed a standardized framework for environmental…
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