Sustainable Economic Growth and the Role of Natural Capital

2017 ◽  
Author(s):  
Dieter Helm
Keyword(s):  
Economic Growth ◽  
Twentieth Century ◽  
Natural Capital ◽  
Growth Path ◽  
Capital Maintenance ◽  
Balance Sheets ◽  
Starting Point ◽  
Sustainable Economic Growth ◽  
Microeconomic Foundations

The conventional economic approaches to economic growth have focused on macroeconomic aggregates and on neoclassical microeconomic foundations; on flows rather than stocks; and on utility rather than capabilities. This chapter presents an alternative asset-based approach, focused on balance sheets and capital maintenance. The starting point is the assets necessary to provide the capability for consumers and businesses to participate in the economy. Many of these are infrastructures and public goods, and among these natural capital plays a central role. The depletion of natural capital in the twentieth century, notably the atmosphere and biodiversity, has overstated economic growth and left a legacy of capital maintenance and enhancement. The chapter defines the rules for a sustainable economic growth path, incorporating natural capital.

Long-run Resource Scarcity

2018 ◽  
Author(s):  
Dieter R. Helm
Keyword(s):  
Economic Growth ◽  
Renewable Resources ◽  
Natural Capital ◽  
Balance Sheet ◽  
Resource Scarcity ◽  
Peak Oil ◽  
Capital Maintenance ◽  
Long Run ◽  
Sustainable Economic Growth ◽  
The Impact

This chapter considers whether long-run resource scarcity limits economic growth. It distinguishes between renewable and non-renewable resources, as types of natural capital. Using the example of oil, it shows that the depletion of non-renewables is not a binding constraint. It critiques the peak oil concept, and, in particular, notes that it fails to take account of either technical progress or the impact of prices in allocating resources. On renewables there are serious depletion concerns; the chapter advances the aggregate natural capital rule, and sets out how this provides a rigorous asset-base constraint on sustainable economic growth. The operationalization of this rule requires a natural capital balance sheet, a risk register for renewable resources, and the provision of capital maintenance.

scholarly journals Investigating the effects of environmental patents and climate change mitigation technologies on sustainable economic growth in the Middle East

2021 ◽  
Author(s):  
Sadegh Abedi ◽  
Mehrnaz Moeenian
Keyword(s):  
Climate Change ◽  
Economic Growth ◽  
Middle East ◽  
Climate Change Mitigation ◽  
Developed Countries ◽  
Factors Affecting ◽  
Middle East Countries ◽  
Sustainable Economic Growth ◽  
Change Mitigation

Abstract Sustainable economic growth and identifying factors affecting it are among the important issues which have always received attention from researchers of different countries. Accordingly, one of the factors affecting economic growth, which has received attention from researchers in the developed countries over recent years, is the issue of environmental technologies that enter the economic cycle of other countries after being patented through technology transfer. The current research investigated the role of the environment-related patents and the effects of the patented technological innovations compatible with climate change mitigation on the economic growth and development in the Middle East countries within a specific time period. The required data were gathered from the valid global databases, including Organization for Economic Co-operation and Development and World Bank and have been analyzed using multi-linear regression methods and econometric models with Eviews 10 software. The obtained results with 95% confidence level show that the environmental patents (β = 0.02) and environment management (β = 0.04) and technologies related to the climate change mitigation (β = 0.02) have a significant positive impact on the sustainable economic development and growth rate in the studied countries. Such a study helps innovators and policymakers in policy decisions related to sustainable development programs from the perspective of environmentally friendly technologies by demonstrating the role of patents in three important environmental areas, namely environmental management, water-related adaptation and climate change mitigation, as one of the factors influencing sustainable economic growth.

scholarly journals Research on strategic emerging industries boosting high quality economic

2021 ◽  
Vol 235 ◽  
pp. 02011
Author(s):  
He Jiang ◽  
Yonghui Cao
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Industrial Structure ◽  
Decisive Role ◽  
High Quality ◽  
Emerging Industries ◽  
National Economic ◽  
Countermeasures And Suggestions ◽  
Sustainable Economic Growth

With the development of knowledge economy and the advancement of economic globalization, strategic emerging industries have become the leading industries for a country or region to achieve sustainable economic growth in the future. They are the high integration of emerging technologies and emerging industries, and the driving force of national economic growth. They play an important guiding and decisive role in the national economic growth and the transformation and upgrading of industrial structure. In recent years, China’s strategic emerging industries continue to grow rapidly, and have made remarkable achievements in innovation and development, which play an important role in the national economic growth and the transformation and upgrading of industrial structure, but there are also shortcomings. Based on the current situation of the development of strategic emerging industries, this paper analyzes the role of strategic emerging industries in economic development, and puts forward countermeasures and suggestions for strategic emerging industries to boost high-quality economic development.

scholarly journals World Domination Games and its Impact on the 21st Century

2017 ◽  
Vol II (1) ◽  
pp. 44-56
Author(s):  
Haseeb Ur Rehman Warrich ◽  
Muhammad Rehman ◽  
Sahrish Jamil
Keyword(s):  
Economic Growth ◽  
Twentieth Century ◽  
British Empire ◽  
21St Century ◽  
Profound Impact ◽  
The World ◽  
Sustainable Economic Growth ◽  
And Control ◽  
Great Game ◽  
Game Changer

No other element impacted the historical conditions of the preceding 100 years to such an extent as the war to secure and control the world's reserves of petroleum. Sustainable economic growth after 1873, that discouraged British Empire, arose mechanical economies in Europe. Central Asia remained the object of rivalries and machination by the giant countries of the Europe. World Domination Games started from Pillage Games that lead towards many “Games” such as Great Game, New Great Game, Game Changer and New Game Changer. All prefect countries desire to have a control over the world for the last two centuries. Their efforts turn into numerous clashes and clashes led towards wars. In the twentieth century wars transformed not only their names but also their genetics that has profound impact on the 21st Century. This laid foundation of the emerging new superpowers in every century.

Language contact through translation

Target ◽  
2020 ◽  
Vol 32 (3) ◽  
pp. 420-455
Author(s):  
Shuangzi Pang ◽  
Kefei Wang
Keyword(s):  
Twentieth Century ◽  
Language Contact ◽  
Language Change ◽  
Target Language ◽  
Parallel Corpus ◽  
Source Language ◽  
Starting Point ◽  
Sample Points ◽  
Chinese Texts

Abstract This article investigates the role of translations from English in language change in Chinese. It employs a new corpus, the Chinese Diachronic Composite Corpus (CDCC), which incorporates a parallel corpus and comparable corpus in three sampling periods in the twentieth century, and a refe­rence corpus as a starting point in the timeframe. We examine whether explicitness in English–Chinese translations has exerted an impact on the target language, focusing on adversative conjunctions as a measure of explicitness. The results of the study demonstrate that: (1) translated Chinese texts have changed in step with original Chinese texts in the frequency of adversative conjunctions; (2) translated Chinese texts and original Chinese texts are interrelated throughout the three periods, but the correlation between them has changed perceptibly over the three sample points; and (3) source language interference found in translated Chinese texts increases over the three periods.

The Role of Energy Production in China's Sustainable Economic Growth

2013 ◽  
Vol 869-870 ◽  
pp. 439-442
Author(s):  
Kong Jian Li ◽  
Yaou Qi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Production ◽  
State Space Model ◽  
Annual Data ◽  
Time Varying Parameter ◽  
New Energy ◽  
Sustainable Economic Growth ◽  
The Relationship

This article investigates how the scale and structure of energy production influence on sustainable economic development in China. First and foremost, the relationship between energy production and economic development was discussed in theory, and a time-varying parameter state space model was established. Then an empirical study based on the annual data from 1981 to 2012 was carried out by using method of Kalman filter. The results indicate that both the increasing scale of energy production and the increasing proportion of new energy have a positive and significant influence on Chinese economic growth. Finally, the thesis draws a conclusion that, expanding the scale of energy production and optimizing the structure of energy production will significantly promote China's sustainable economic growth.

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