It is in this context that this research is aimed at critically examining ANS within the empirical context of human survival that is anchored only on genuine sustainable development.
Experts of development worldwide made a framework that seriously consider environment, as source of needed resources. WB focused on the relation of environment and sustainability as amongst the indicators of macro-economy (WB, 1997). Authorities perceived that ANS is a ‘green national account’ founded on the precept that generations of people are reliant on countrys asset base. This indicator covers natural resources, its utilization and the human resources. All these factors relate to a nation’s capacity to sustain growth over time (WB, 1997).
Economist viewed ANS as a percentage of Gross National Income (GNI) (WB, 1997). The standard ANS is derivative of the standard national accounting measure of gross saving using four factors as adjustments (WB, 1997 & Bartelmus and Seifert, 2003). These are (a) consumption of fixed capital deducted to obtain net national saving; (b) current public expenditure on education as investment for human capital; (c) an accounting of the depleted natural resources deducted to reflect the utilization and maximization of asset in value due to extraction and depletion; (d) deductions due to pollutions and damages caused by carbon dioxide and emissions. This formula is showed, thus (WB, 1997 & Bartelmus and Seifert, 2003),
Education cost means operating expenses in education, which include wages of teachers, expenses for enhancement of capacity but this does not include expenditures for infrastructures, facilities and materials necessary to education (WB, 1997& 2011). GS refer to are the differentiation between gross national income and public and private consumption with added net current transfers. Consumption of fixed capital symbolizes the alternate value of capital used up in the progression of production. Net savings means gross
Cite this document
(“Environmental economic--sustainable development Essay”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/430245-environmental-economic-sustainable-development
(Environmental Economic--Sustainable Development Essay)
“Environmental Economic--Sustainable Development Essay”, n.d. https://studentshare.net/miscellaneous/430245-environmental-economic-sustainable-development.
Cited: 0 times
World Bank (WB) defines adjusted net saving (ANS) as gauge of economic indicator through a comparative measure of national wealth per year by evaluating changes in produced capital (through investments), natural resources utilization and diminution via extraction of minerals,…
The scarcity of resources in the world has taken an urgent turn in light of the explosive combination of an expanding global population, climate change wreaking its disastrous effects and unsustainable consumption patterns.
The author states that sustainable development encompasses all those developmental activities that address the issues of the present, without impacting the well-being of the subsequent generations. This concept views the entire word as an inter-connected system where, the atmospheric pollution originating in a particular region.
From an environmental perspective, the dimension of space can be attributed to the effects of pollution regardless of political and socioeconomic boundaries. Large clouds of smog over Tibet resulting from extensive and unchecked industrial emissions from factories along the eastern coast of China or spells of acid rain witnessed over the United States due to heavy use of pesticides in South American farmlands are some examples to indicate that no nation is secure from the threat of pollution and global warming (Ekins, 2005).
Development practice (as opposed to development theory) has tended to place environmental concerns under the term ‘sustainable development’ without clear linkages to priorities of poverty reduction and growth. It important to focus on climate change since its impacts highly affects development and sustainability.
Sustainable development implies a long term view of how to ensure business practices do not ultimately destroy the very market that makes those practices profitable. In other words, sustainable development is often willing to sacrifice short term profit in favor of ensuring long term profit potential.
This business report covers the principles of sustainable development in BAT like prevention of child labour, ensuring of safety to workers, contributions to charity, prevention of smoking among minors, and also contribution to the governments’ tax revenue among others.
able development is defined as “development that meets the needs of future generations without compromising the ability of future generations to meet their own needs”. Based on this concept, the objectives of economic development, poverty alleviation and sound environmental
The departments for housing, water works, and transportation and community services are trying to provide alluring surroundings for the people. Making condensed structures with minimum distances among important
Some of the adverse effects of human activities on the environment are not immediately obvious until the problem is severe. As a result, two related concepts have emerged—sustainable development and environmental protection.
8 pages (2000 words)Essay
Got a tricky question? Receive an answer from students like you!Try us!
Let us find you another Essay on topic Environmental economic--sustainable development for FREE!