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The Capital Theory Approach to Sustainability: A Critical Appraisal

Stern, David


This paper examines critically some recent developments in the sustainability debate. The large number of definitions of sustainability proposed in the 1980's have been refined into a smaller number of positions on the relevant questions in the 1990's. The most prominent of these are based on the idea of maintaining a capital stock. I call this the capital theory approach (CTA). Though these concepts are beginning to inform policies there are a number of difficulties in applying this approach...[Show more]

CollectionsANU Research Publications
Date published: 1995
Type: Working/Technical Paper


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