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Economic Growth and Sustainable Development

Peter N. Hess




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 |  2016-05-26 |  2016-05-26 | File type: PDF

||About the Author||Peter N. Hess is Gail M. and Ernest G. Doe Professor of Economics at Davidson College, North Carolina, USA.

Economic growth, reflected in increases in national output per capita, makes possible an improved material standard of living and the alleviation of poverty. Sustainable development, popularly and concisely defined as ‘meeting the needs of the present generations without compromising the ability of future generations to meet their needs,' directly addresses the utilization of natural resources, the state of the environment, and intergenerational equity.



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