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Towards Global Sustainability

Issues, New Indicators and Economic Policy

Authors: Welfens, P.J.J., Perret, J.K., Irawan, T., Yushkova, E.

  • Introduces and innovative indicator for national and global sustainability in line with OECD requirement
  • Presents new findings for measuring sustainability in BRIICS countries, the US, the UK, Germany, Japan and other major OECD countries
  • Analyzes correlations between the human development index and the new sustainability index
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eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-18666-5
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
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  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-319-18665-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This study develops a new indicator for national and global sustainability. The main components of the EIIW-vita indicator are: the share of renewable energy, the genuine savings rate and the relative "green export" position of the respective countries; it is in line with OECD requirements on composite indicators. As green exports are related to technological progress and environmental-friendly products, there is also a Schumpeterian perspective of this indicator. An extended version furthermore looks at water productivity. The analysis highlights the BRIICS countries as well as the US, Germany, France, Spain, Italy, the UK and Japan. Moreover the special challenges and dynamics of ASEAN countries and Asia are discussed. The book derives key implications for economic and environmental policy and shows that the new global sustainability indicator is not only relevant for green progress, but also useful as a signal for international investors. The construction of the EIIW-vita global sustainability indicator is such that investors, citizens and governments can easily interpret the results. Correlation analysis of the new sustainability indicator with the human development index indicates complementarity, so that a new hybrid superindicator can be constructed.

Sustainability rhetoric dominates environmental policy. This fresh assessment of key "pillars" of sustainable economic performance and growth is a valuable contribution to greening the economy, the leitmotiv of the latest Rio Earth Summit. The book places the discussion of sustainability on solid data. The rather surprising results of its new sustainability index should make policy makers rethink their environmental and economic strategies.
Prof. Dr. Peter Bartelmus
Columbia University, New York

Many people put the economy first when sustainability concerns are raised, while environmental indicators are often developed without a sense of socio-economic performance. This important new book bridges the gap. It sheds light on crucial indicators such as renewable energies, exporting green goods and services, genuine savings, and water productivity. And it helps to observe the impressive changes at a global scale and in countries such as China. A must read for all experts interested in those issues.
Prof. Dr. Raimund Bleischwitz
University College London

Table of contents (8 chapters)

  • Green Modernization Issues and Sustainability Indicators

    Welfens, Paul J. J. (et al.)

    Pages 1-31

  • Traditional Approaches to Environmental Degradation and Innovation Theory

    Welfens, Paul J. J. (et al.)

    Pages 33-37

  • Green Innovation Dynamics

    Welfens, Paul J. J. (et al.)

    Pages 39-46

  • New Indicator Concept

    Welfens, Paul J. J. (et al.)

    Pages 47-55

  • The Methodology of the EIIW-vita Indicator

    Welfens, Paul J. J. (et al.)

    Pages 57-75

Buy this book

eBook $69.99
price for USA (gross)
  • ISBN 978-3-319-18666-5
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $99.00
price for USA
  • ISBN 978-3-319-18665-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Towards Global Sustainability
Book Subtitle
Issues, New Indicators and Economic Policy
Authors
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-18666-5
DOI
10.1007/978-3-319-18666-5
Hardcover ISBN
978-3-319-18665-8
Edition Number
1
Number of Pages
XV, 164
Number of Illustrations and Tables
33 b/w illustrations, 33 illustrations in colour
Topics