Taking Nature Into Account

A Report to the Club of Rome Toward a Sustainable National Income

By: Wouter Van Dieren, Club of Rome

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Paperback | 21 July 1995

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352 Pages

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23.39 x 15.6 x 1.85

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Indicators used to direct ecomonic policy (GDP, national income, etc.) are based on a number of factors but nowhere in their calculation is there an acknowledgement of the degradation of natural resources. The numbers may look good, but continued deterioration of the environment is leading us closer to crises; meanwhile, policymakers and the public are basing decisions on dangerously incomplete information. In Taking Nature into Account, a number of the world's leading experts make the ethical, historical, economic, and ecological arguments for including environmental factors when measuring fiscal health. Initiated by the Club of Rome (an international group of influential businesspeople, statesmen, and scientists), and written in cooperation with the World Wide Fund for Nature, the report reviews existing methodologies and makes recommendations for adjusting the way we think about and measure the economy.

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List of Contributors
Foreword
Preface
Introduction	p. 1
Economic Growth and Western Society	p. 13
The History and Roots of Growth	p. 15
Economic Growth and Gross National Product	p. 28
Paradoxes of Growth	p. 45
State of the Environment	p. 47
Failures of the System of National Accounts	p. 60
Sustainable Development	p. 83
From Growth to Sustainability	p. 85
The Concept of Sustainability	p. 99
Vision of the South	p. 124
Indicators for Measuring Welfare	p. 142
The Role of Social Indicators	p. 157
Environmental Adjustment of the System of National Accounts	p. 167
Defensive Expenditures	p. 175
Depletion of Natural Resources	p. 187
Estimating Sustainable National Income	p. 206
Environmental Accounting and the System of National Accounts	p. 231
Taking Nature into Account: Conclusions and Recommendations	p. 257
Steering By the Right Compass	p. 260
SNA 1993 Revision and the UN Handbook on Integrated Environmental and Economic Accounting	p. 263
Adjustment of GDP: Different Objectives	p. 266
The Current SNA: A Narrow Economic Point of View	p. 267
Cost Accounting from a Comprehensive Economic Point of View	p. 268
Cost Accounting from a Responsibility Point of View	p. 274
Resistance to and Solutions for Change	p. 279
Strengthening International Coordination	p. 289
Summary of Conclusions and Recommendations	p. 293
References	p. 297
Index	p. 323
Table of Contents provided by Blackwell. All Rights Reserved.

Taking Nature Into Account

A Report to the Club of Rome Toward a Sustainable National Income

At a Glance

Paperback

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