Prof. Partha Dasgupta The demand for green national accounts has been prompted by the recognition that contemporary accounts are an unsatisfactory basis for economic evaluation. This paper provides an outline of what would ideally be needed for a comprehensive set of national accounts. National...

<titre/> This paper sketches a theory explaining why deep poverty has a strong tendency to persist across generations. The author shows that high maintenance costs of good physical and emotional health, which are manifestations of complementarities among the inputs that humans need for survival,...

This paper is about net national product (NNP). We are concerned with what NNP means, what it should include, what it offers us and, therefore, why we may be interested in it. We show that NNP, properly defined, can be used as a gauge for project evaluation, but we also show that it should not...

The June 2012 issue of Environment and Development Economics published a symposium with considerable focus on our paper, ‘Sustainability and the measurement of wealth’. The Symposium also contained five articles in which other researchers offered valuable comments on our paper. The present...

We develop and apply a consistent and comprehensive theoretical framework for assessing whether economic growth is compatible with sustaining wellbeing over time. Our approach differs from earlier approaches by concentrating on wealth rather than income. Sustainability is demonstrated by showing...