Suchergebnisse

Intro; CONTENTS; Tribute; Introduction; 1. The Limits to Growth: From Malthus to COP 21 via the Club of Rome; 1. Three severe warnings; 2. Depletion of natural reserves or rising temperatures?; 2.1. Time scales; 3. From Malthus to the Club of Rome; 3.1. Malthus' thesis; 3.1.1. Malthus' food crisis; 3.1.2. Malthus' thesis put to test; 3.3. The Club of Rome model; 3.3.1. Feedback loops and collapse; 3.3.2. Three limits to growth scenarios?; 3.3.3. The limits to growth scenarios compared to the evolution observed for population, food quota and industrial production

A model of ecologically sustainable endogenous growth is presented, in which environmental quality has a positive influence on individual welfare and on the productivity of capital. The effect of different environmental policies on the long-run growth of the economy is studied in the framework of this model. The results establish that an optimal policy which taxes production and subsidises pollution abatement has a favourable effect on environmental quality, and could increase the growth rate if the positive external effects of the environment on the productivity are important. Furthermore, it is shown that this kind of environmental policy is neutral in budgetary terms, i.e. tax receipts are equal to subsidies. Finally, it is demonstrated that a policy based on emission control will only have a positive effect on the growth rate if the initial level of environmental quality is sufficiently low.

AbstractWe examine relations between sustainable growth and stock returns over 1964–2007. Findings indicate that high sustainable growth firms tend to have low default risk, low book‐to‐market ratios, and low subsequent returns. Of the four sustainable growth components, we find that the net profit margin is the major determinant of subsequent returns. Results persist after controlling for asset growth and capital expenditure growth. Additional tests indicate that the sustainable growth effect is attributable to risk and not to mispricing.

The international financial crisis has illustrated the need for research on how to stimulate sustainable growth of business. The warnings about global warming also call for a stronger focus on sustainability. Based on reflections like these ISM University of Management and Economics in cooperation with Baltic Management Development Association and BI Norwegian School of Management organized an international conference on "Insight into the sustainable growth of business" in Vilnius in November 2009. The conference was inter-disciplinarian and the aim was to discuss both external factors and int

This volume looks at the critical issues of industrial policy and sustainability. It assesses the gap between how developed and developing countries have integrated sustainability issues in their industrial policies, and how they should have ideally done so. The book looks at the specific issues of middle income trap, levels of industrialization and the distribution of manufacturing activities among nations, and presents analysis of sector and country specific policy case studies in areas such as health, energy, medical devices, aviation, automobile manufacturing. The volume also examines trade policies and their impact on industry and environment, and elaborate on how industrial policies involve selective direct and indirect sectoral policies which play a role in assisting policy makers manage objectives of catch up and sustainability

This volume looks at the critical issues of industrial policy and sustainability. It assesses the gap between how developed and developing countries have integrated sustainability issues in their industrial policies, and how they should have ideally done so. The book looks at the specific issues of middle income trap, levels of industrialization and the distribution of manufacturing activities among nations, and presents analysis of sector and country specific policy case studies in areas such as health, energy, medical devices, aviation, automobile manufacturing. The volume also examines trade policies and their impact on industry and environment, and elaborate on how industrial policies involve selective direct and indirect sectoral policies which play a role in assisting policy makers manage objectives of catch up and sustainability