Economic Growth and Sustainable Development

By Peter N. Hess

© 2013 – Routledge

536 pages | 49 B/W Illus.

Purchasing Options:
Paperback: 9780415679497
pub: 2013-03-18
US Dollars$89.95
Hardback: 9780415679480
pub: 2013-03-19
US Dollars$215.00

e–Inspection Copy

About the Book

Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity.

Fundamental questions addressed in this textbook include:

  • What causes economic growth?
  • Why do some countries grow faster than others?
  • What accounts for the extraordinary growth in the world’s population over the past two centuries?
  • What are the current trends in population and will these trends continue?
  • Are there limits to economic growth and population growth due to resource constraints and environmental thresholds?
  • Is sustainable development compatible with economic growth?
  • Can sustainable development be attained without addressing the extreme poverty that afflicts over a billion of the world’s population?

This interdisciplinary textbook uses a blend of formal models, empirical evidence, history and policy to provide a coherent and comprehensive treatment of economic growth and sustainable development.

Table of Contents

1. Introduction to Economic Growth 2. Introduction to Population Growth 3. Classical Theories of Economic Growth 4. Macroeconomics and the Great Depression 5. Limits to Growth 6. Macroeconomic Fluctuations 7. Growth Models 8. Empirical Analysis 9. Population Dynamics 10. Population Transitions 11. Sustainable Development: Concepts and Measurement 12. Natural Resources and Climate Change 13. Global Food Supply 14. Markets and the Role of Government 15. Policies and Practices for Sustainable Development 16. Epilogue: World 2100

About the Author

Peter N. Hess is Gail M. and Ernest G. Doe Professor of Economics at Davidson College, USA. Hess is the co-author of undergraduate texts on economic principles and economic development and the author of an undergraduate text on mathematical economics. In addition to this, he has published journal articles on the fertility transition, military spending in developing economies, and sustainable development. Hess also serves as president of Nepal Orphans Home, an international non-profit with operations in Nepal.

Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Development / Economic Development
BUSINESS & ECONOMICS / International / Economics
BUSINESS & ECONOMICS / Development / Sustainable Development
BUSINESS & ECONOMICS / Environmental Economics