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Open AccessJournal ArticleDOI

Human Development and Economic Sustainability

Sudhir Anand, +1 more
- 01 Dec 2000 - 
- Vol. 28, Iss: 12, pp 2029-2049
TLDR
In this paper, the authors integrate the concern for human development in the present with that in the future, and explore the relationship between distributional equity, sustainable development, optimal growth, and pure time preference.
About
This article is published in World Development.The article was published on 2000-12-01 and is currently open access. It has received 726 citations till now. The article focuses on the topics: Social sustainability & Sustainable development.

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Citations
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The Economics of Climate Change

TL;DR: In this article, the authors present an appropriate way to examine the economics of climate change, given the unique scientific and economic challenges posed, and suggest implications for emissions targets, policy instruments, and global action.
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Modernization, Cultural Change, and Democracy: The Human Development Sequence

TL;DR: The authors presented a model of social change that predicts how the value systems play a crucial role in the emergence and flourishing of democratic institutions, and that modernisation brings coherent cultural changes that are conducive to democratisation.

Stern Review: The Economics of Climate Change

TL;DR: In this paper, the authors examine the evidence on the economic impacts of climate change itself, and explore the economics of stabilizing greenhouse gases in the atmosphere, concluding that the benefits of strong, early action on climate change considerably outweigh the costs.
References
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The Economics of Welfare

TL;DR: Aslanbeigui et al. as mentioned in this paper discussed the relationship between the national dividend and economic and total welfare, and the size of the dividend to the allocation of resources in the economy and the institutional structure governing labor market operations.
Journal ArticleDOI

The mathematical theory of saving

TL;DR: JSTOR transmission may be copied, downloaded,stored, further transmitted, transferred, distributed, altered, or otherwise used, in any form or by any means, except: (1) one stored electronic and one paper copy of any article solely for personal, non-commercial use, or (2) with prior written permission of JSTOR and the publisher of the article or other text.
Book

Commodities and Capabilities

Amartya Sen
TL;DR: In this article, the authors discuss the relationship between well-being and Sex Bias in India and some international comparative comparisons of the two domains, and present a survey of the relationship.
Book

Reasons and Persons

Derek Parfit
TL;DR: In this paper, the author claims that we have a false view of our own nature and that it is often rational to act against our own best interests, that most of us have moral views that are directly self-defeating, and that when we consider future generations the conclusions will often be disturbing.
Journal ArticleDOI

Reasons and Persons

Frequently Asked Questions (12)
Q1. What have the authors contributed in "Pii: s0305-750x(00)00071-1" ?

Ð This paper attempts to integrate the concern for human development in the present with that in the future. In arguing for sustainable human development, it appeals to the notion of ethical `` universalism '' Ðan elementary demand for impartiality of claimsÐapplied within and between generations. 

This shared aspect of the original contributors to the human rights approach is of speci®c interest in interpreting the task of `` human development '' in a world that is marked, on the one hand, by enormous inequities in contemporary living conditions, and on the other, by real threats to the prospects of human life in the future. The authors can not abuse and plunder their common stock of natural assets and resources leaving the future generations unable to enjoy the opportunities they take for granted today. The authors can not use up, or contaminate, their environment as they wish, violating the rights and the interests of the future generations. The demand of `` sustainability '' is, in fact, a particular re¯ection of universality of claimsÐapplied to the future generations vis- a-vis us. 

The criterion of ``total well-being'' weights average well-being in each period by the number of people, so that the welfare function (present discounted value of total well-being) becomesx c0 1 n x c1 1 q ;where c0 and c1 are average consumption in periods 0 and 1, respectively. 

The moral value of sustaining what the authors now have depends on the quality of what the authors have, and the entire approach of sustainable development directs us as much toward the present as toward the future. 

One of the strongest arguments in favor of giving priority to the protection of the environment is the ethical need for guaranteeing that future generations would continue to enjoy similar opportunities of leading worthwhile lives that are enjoyed by generations that precede them. 

It is the clear duty of Government, which is the trustee for unborn generations as well as for its present citizens, to watch over, and, if need be, by legislative enactment, to defend, the exhaustible natural resources of the country from rash and reckless spoliation. 

The economic roles of better and more widespread schooling, good health and nourishment, learning by doing, and technical progress all point to the importance of human agency as a prime mover of material progress. 

The purpose of income calculations in practical a airs is to give people an indication of the amount which they can consume without impoverishing themselves. 

Thus the opulence-oriented view of progress, which has little intrinsic merit (as was discussed earlier), has a conditionally important instrumental roleÐand that conditionality relates speci®cally to features on which the human development approach has tended to focus, to wit, public action and poverty reduction. 

Instead of maximizing the above integral, Ramsey minimized the integral of the excess of bliss utility over attained utility:Z 10u ĉ ÿ u ct dt:This is equivalent to maximizingZ 1 0 u ct ÿ u ĉ dt: 

The importance of maternal education in raising the quality of life and agency of later generations has also been well established (see, for example, Summers, 1992). 

The simplest way of allowing for both pure time discount and wellbeing inequality between generations is to take a (quasi-) concave transformation of the wellbeing values that are comparable over time, viz.