Logo
Munich Personal RePEc Archive

Inclusive Green Growth and Sustainable Development through Productive Consumption

Dinda, Soumyananda (2013): Inclusive Green Growth and Sustainable Development through Productive Consumption.

[thumbnail of MPRA_paper_50574.pdf]
Preview
PDF
MPRA_paper_50574.pdf

Download (326kB) | Preview

Abstract

This paper analyses development mechanism through which natural resource capital regenerates and contributes to economic growth. Climate change challenges economic development in the 21st century but it also provides opportunity to grow with developing green. New development strategy is the inclusive green growth that leads towards sustainable development. Regeneration of natural resource is a crucial productive capital in the economy. This paper suggests a theoretical model and explains sustainable development mechanism through productive consumption. Empirical observations also support this model. This paper suggests policy inputs regarding regeneration of natural resource capital and its preservation in term of water shed development, flood control or development of ecosystem services through creation of jobs in the channel of productive consumption. Policy makers should focus on employability, regeneration and preservation of natural resource capital for sustaining livelihoods in the economy.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.