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Ecological Limits and Economic Development$
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Ramprasad Sengupta

Print publication date: 2013

Print ISBN-13: 9780198081654

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780198081654.001.0001

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Overcoming Ecological Limits: Roles of Knowledge, Human Capital, Human Values, and Institutions

Overcoming Ecological Limits: Roles of Knowledge, Human Capital, Human Values, and Institutions

Chapter:
(p.330) 15 Overcoming Ecological Limits: Roles of Knowledge, Human Capital, Human Values, and Institutions
Source:
Ecological Limits and Economic Development
Author(s):

Ramprasad Sengupta

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198081654.003.0015

In the light of discussions of the preceding chapters of the book this concluding chapter addresses the question if sustainable development is considered possible as per the holistic approach which takes account of the interactive relation between the human system and the ecosystem. It discusses how technology and human values can play a significant role in creating space for economic development by relaxing the ecological constraints as illustrated earlier. It also points out the scope of delinking economic growth and the environment through dematerialization of development, decarbonisation of energy, development of the renewables as alternative energy sources, recycling of wastes, etc. taking an organic view of technology and resource development. Finally it concludes by discussing the role of institutions in shaping the character and implementation of sustainable development by realizing the potential of such delinking of economic growth and the natural environment.

Keywords:   Sustainable Development, Technology, Knowledge Creation, Human Values, Institutions

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