Conventional economic accounts, which measure Gross National
Product (GNP)and related indicators of national performance, do not
fully allow for the damages caused to the environment in the course
of producing and consuming goods and services. Nor do they fully
account for the fact that some resources are being depleted in
achieving the living standards that we enjoy today. This failure is
important, because policy-makers are guided by the changes in
macroeconomic indicators such as GNP. Moreover such indicators are
not a good guide to the sustainability of present practices of
consumption and production. This book provides practical estimates
of one key area of neglect in the present national accounts - the
measurement of environmental damages. The book sets out the
methodology for making such estimates and then applies it to data
from four countries: Germany, Italy, The Netherlands and the UK.
The results show what can be achieved in the way of consistent
damage estimates and what the key problems are.
General
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