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It's not the 'what', but the 'how': Exploring the role of debt in natural resource (un)sustainability

Gonzalez-Redin, Julen; Polhill, J Gareth; Dawson, Terence P; Hill, Rosemary; Gordon, Iain

Description

A debt-based economy cannot survive without economic growth. However, if private debt consistently grows faster than GDP, the consequences are financial crises and the current unprecedented level of global debt. This policy dilemma is aggravated by the lack of analyses factoring the impact of debt-growth cycles on the environment. What is really the relationship between debt and natural resource sustainability, and what is the role of debt in decoupling economic growth from natural resource...[Show more]

CollectionsANU Research Publications
Date published: 2018
Type: Journal article
URI: http://hdl.handle.net/1885/160463
Source: PLOS ONE (Public Library of Science)
DOI: 10.1371/journal.pone.0201141
Access Rights: Open Access

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