This report is the outcome of a Country Assistance Strategy and Environment program that was started and aimed to identify practical constraints to incorporating environmental concerns into CASs and to develop a logical framework for doing so. The analysis is based on two key efforts: a review...

Economic theory predicts that the current change in national wealth, broadly defined to include natural and human capital as well as produced capital ("genuine savings"), determines whether the present value of future changes in consumption is positive or negative. Theoretical research has...