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9789211260861
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Among development specialists & policy makers alike, the objective of "sustainable development" has been elaborated & accepted since at least the 1987 Brundtland report, Our Common Future. This publication offers enormous hope that economic practice can be brought into line with new policy objectives that focus on the long term consequences of economic activity. The author argues for a more realistic approach to cost-benefit analysis that places greater value on the long term & that recognizes the value of environmental assets. Among his many innovative & practical proposals is a new method for calculating "shadow prices" for assets in the future.Heal, Geoffrey is the author of 'Valuing Our Future : Costing benefit Analysis and Sustainability' with ISBN 9789211260861 and ISBN 9211260868.
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