This thought-provoking and colorful book cuts through the fog of vision and advocacy by comparing and applying new quantitative tools of both environmental and ecological economics. Environmental accounts and empirical analyses provide operational concepts and measures of the sustainability of economic performance and growth. The text raises doubts, however, about the measurability of sustainable development. Further reading sections are provided at the end of each chapter.

Policy failures in environment and development have been blamed on frag mented and eclectic policies and strategies. The 1992 United Nations Con ference on Environment and Development, the 'Earth Summit' in Rio de Janeiro, called therefore for an integrated approach in planning and policy making to achieve long-term sustainable growth and development. The Con ference also recognized in its action plan, the Agenda 21, that integrated poli cies need to be supported by integrated information, notably requiring the implementation of integrated environmental and economic accounting by its member States. During the preparations for the Rio Summit, scientists and practitioners of national accounting met in a Special Conference on Environmental Account ing, organized by the International Association for Research in Income and Wealth (IARIW) in Baden, Austria. Their aim was to explore the need for and methodologies of adjusting national accounts for environmental reasons. National accountants had faced mounting criticism that conventional accounting neglected new scarcities in natural capital, as well as the social cost of environmental degradation. The result of their deliberations was a draft manual, later issued by the United Nations Statistics Division (UNSD) as a handbook of Integrated Environmental and Economic Accounting."

The book is a concise introduction to an emerging field within economics. Drawing on numerous disciplines, including environmental science, environmental and ecological economics and optimal growth theory, sustainability remains a hazy and complex subject.

The author set out with two objectives: one, to bring some order into the proliferating measures, models and management of sustainability; and two, to facilitate access to a complex inter-disciplinary subject area. The book points to practical ways of assessing and enhancing the long-term environmental and economic sustainability of our economies.

The result is a fully international study that should bridge the gap between disciplines and prove to be an essential guide to anyone interested in one of the most important concepts in the social sciences.

Does money blur perspectives for a better life?
Lifting the money veil from our yardsticks of progress, income and wealth, reveals the trade-offs of economic growth. The book presents new indicators of the social, economic and ecological impacts of our lifestyles and production techniques. The indicators help to identify those responsible for these impacts and account for their accountability in terms of environmental and other ("social") costs.
Sustainable development is to bring about long-term prosperity without undermining its natural foundation. For the assessment of the opaque concept we need both, physical impact measures and environmentally modified ("green") indicators of income, capital and output.
Peter Bartelmus opens the dialogue between frequently hostile camps of economists and environmentalists, data producers and users, and scientists and policy makers. Together, they may steer us towards a sustainable future.

First Published in 2004. Routledge is an imprint of Taylor and Francis, an informa company.

Is sustainable development the answer to environmental decline and development failure? In 1987, the Brundtland Commission concluded that sustainable development would integrate environmental concerns into mainstream policies, shifting focus from weak and peripheral environmental management to the socio-economic policy sources of environmental impacts. The 1992 Earth Summit confirmed this approach, endorsing integrated environmental and economic accounting by policy makers. Green accounting is now being implemented to formulate national policies for sustainable development. Environment, Growth and Development offers an analysis of sustainable economic growth and development based on operational variables derived from the new systems of green accounting. A complete revision and expansion of the first edition, this book offers a new focus on macroeconomic aspects through its analysis of green accounting methods, comparing the goods of economic production and consumption with the bads of losses of natural resources and environmental quality. Beyond economics, ways of evaluating social, cultural, aesthetic or ethical issues are also proposed.

The book is a concise introduction to an emerging field within economics. Drawing on numerous disciplines, including environmental science, environmental and ecological economics and optimal growth theory, sustainability remains a hazy and complex subject.

The author set out with two objectives: one, to bring some order into the proliferating measures, models and management of sustainability; and two, to facilitate access to a complex inter-disciplinary subject area. The book points to practical ways of assessing and enhancing the long-term environmental and economic sustainability of our economies.

The result is a fully international study that should bridge the gap between disciplines and prove to be an essential guide to anyone interested in one of the most important concepts in the social sciences.

Does money blur perspectives for a better life?
Lifting the money veil from our yardsticks of progress, income and wealth, reveals the trade-offs of economic growth. The book presents new indicators of the social, economic and ecological impacts of our lifestyles and production techniques. The indicators help to identify those responsible for these impacts and account for their accountability in terms of environmental and other ("social") costs.
Sustainable development is to bring about long-term prosperity without undermining its natural foundation. For the assessment of the opaque concept we need both, physical impact measures and environmentally modified ("green") indicators of income, capital and output.
Peter Bartelmus opens the dialogue between frequently hostile camps of economists and environmentalists, data producers and users, and scientists and policy makers. Together, they may steer us towards a sustainable future.

Policy failures in environment and development have been blamed on frag mented and eclectic policies and strategies. The 1992 United Nations Con ference on Environment and Development, the 'Earth Summit' in Rio de Janeiro, called therefore for an integrated approach in planning and policy making to achieve long-term sustainable growth and development. The Con ference also recognized in its action plan, the Agenda 21, that integrated poli cies need to be supported by integrated information, notably requiring the implementation of integrated environmental and economic accounting by its member States. During the preparations for the Rio Summit, scientists and practitioners of national accounting met in a Special Conference on Environmental Account ing, organized by the International Association for Research in Income and Wealth (IARIW) in Baden, Austria. Their aim was to explore the need for and methodologies of adjusting national accounts for environmental reasons. National accountants had faced mounting criticism that conventional accounting neglected new scarcities in natural capital, as well as the social cost of environmental degradation. The result of their deliberations was a draft manual, later issued by the United Nations Statistics Division (UNSD) as a handbook of Integrated Environmental and Economic Accounting."

This book explores what is needed for an overall evaluation of the prosperity and wellbeing of people within a framework of sustaining the economy, environment and development. The book begins by assessing the validity of available data, indicators and indices in decision and policy making. It describes what the data tell us about the effects of economic activity on the quality of life and prosperity of people and nations, now and in the future, and highlights how a reliance on partial and distorted information can thwart rational policies. It also examines whether less tangible notions of wellbeing and happiness lend themselves to quantification and prediction. Overall, Bartelmus demonstrates the need for integrated accounting and analysis to revise policy priorities around environmental, social, economic and sustainability concerns. Confronting the persisting polarization of environmentalists and economists, this book will be of great relevance to students, scholars and professionals with an interest in environmental and ecological economics, sustainability indicators and their use in integrative policy.

This book explores what is needed for an overall evaluation of the prosperity and wellbeing of people within a framework of sustaining the economy, environment and development. The book begins by assessing the validity of available data, indicators and indices in decision and policy making. It describes what the data tell us about the effects of economic activity on the quality of life and prosperity of people and nations, now and in the future, and highlights how a reliance on partial and distorted information can thwart rational policies. It also examines whether less tangible notions of wellbeing and happiness lend themselves to quantification and prediction. Overall, Bartelmus demonstrates the need for integrated accounting and analysis to revise policy priorities around environmental, social, economic and sustainability concerns. Confronting the persisting polarization of environmentalists and economists, this book will be of great relevance to students, scholars and professionals with an interest in environmental and ecological economics, sustainability indicators and their use in integrative policy.

Das Buch fuhrt ein in das zunehmend wichtige Feld der okonomischen Nachhaltigkeit und verbindet verschiedene Disziplinen: Umweltwissenschaft, Umweltokonomie und Wirtschaftsokonomie sowie Wachstumstheorien. Da Nachhaltigkeit verschiedene Lesarten hat, verfolgt der Autor zwei Intentionen: eine Systematik in Massnahmen, Modelle und Management der Nachhaltigkeit zu bringen sowie den Zugang zu diesem komplexen, interdisziplinaren Thema zu erleichtern. Das Buch schliesst eine Lucke zwischen den Disziplinen und wird damit zum wichtigsten Ratgeber derzeit, um die aktuellen Konzepte zu verstehen und anzuwenden. Als Lehrbuch konzipiert, ist es auch fur gesellschaftlich Interessierte geschrieben. Zahlreiche, eigen erstellte Illustrationen visualisieren die Ausfuhrungen."