The Political Economy of Sustainable Development
Valuation, Distribution, Governance
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Beschreibung
The author shows how sustainable development may be organized, valued and distributed by introducing situational contracting as an interactive and contextual mode of governance. Situational contracting provides a road map for where we want to go, serving the prevailing ideology in implementing the trade between efficiency and fairness.
Autor*in
Dirk Jacob Wolfson
Themen in »The Political Economy of Sustainable Development«
Environmental Economics Behavioural Economics Political Economy Mechanism Design Cost-benefit analysis Valuation Distribution Governance Situational Contracting Political Philosophy competition development Economic Development efficiency environmental economics
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'A very well-thought-out, interesting and novel examination of the subject.' Eugene Nulman, University of Kent, UK
'This interdisciplinary and non-technical introduction nests economic efficiency, fairness and ecological principles in a political economy framework. 'Situational contracts' meld these principles to yield understanding of how democratic societies seek a sustainable future. Such contracts reflect both political constraints and proxy information on citizen preferences; they lead to policy outcomes which mesh concerns with efficiency, justice, and "planners' preferences". This book provides unique and valuable insights into the complex process in which environmental policy is formed.' - Robert Haveman, University of Wisconsin-Madison, USA
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