Chapter

Overcoming Ecological Limits: Roles of Knowledge, Human Capital, Human Values, and Institutions

Ramprasad Sengupta

in Ecological Limits and Economic Development

Published in print January 2013 | ISBN: 9780198081654
Published online May 2013 | e-ISBN: 9780199082407 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198081654.003.0015
Overcoming Ecological Limits: Roles of Knowledge, Human Capital, Human Values, and Institutions

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In the light of discussions of the preceding chapters of the book this concluding chapter addresses the question if sustainable development is considered possible as per the holistic approach which takes account of the interactive relation between the human system and the ecosystem. It discusses how technology and human values can play a significant role in creating space for economic development by relaxing the ecological constraints as illustrated earlier. It also points out the scope of delinking economic growth and the environment through dematerialization of development, decarbonisation of energy, development of the renewables as alternative energy sources, recycling of wastes, etc. taking an organic view of technology and resource development. Finally it concludes by discussing the role of institutions in shaping the character and implementation of sustainable development by realizing the potential of such delinking of economic growth and the natural environment.

Keywords: Sustainable Development; Technology; Knowledge Creation; Human Values; Institutions

Chapter.  6099 words.  Illustrated.

Subjects: Economic Development and Growth

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