Chapter

Measuring Development Prospects by ‘Greening’ the National Accounts

López Ramón and Michael A. Toman

in Economic Development and Environmental Sustainability

Published in print June 2006 | ISBN: 9780199298006
Published online September 2006 | e-ISBN: 9780191603877 | DOI: http://dx.doi.org/10.1093/0199298009.003.0003

Series: Initiative for Policy Dialogue Series

 Measuring Development Prospects by ‘Greening’ the National Accounts

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This chapter reviews income and welfare measurement and examines the central topics of assets and sustainability with the evaluation of key conceptual and theoretical literature. It also outlines the methods of asset accounting and presents selected empirical results from ‘greening’ the national accounts. Linkages to policy are explored, followed by broad conclusions on some basic questions: To what extent has the promise of environmental accounting been realized? Which approach has the greatest policy significance? And where is environmental accounting likely to be most useful? Finally, it studies the recent empirical results from Southern Africa and explores policy linkage with concluding remarks.

Keywords: green national accounting; sustainability; welfare; income; environmental resources; pollution; Southern Africa; genuine savings

Chapter.  11523 words.  Illustrated.

Subjects: Economic Development and Growth

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