Economics and Sustainability

Book excerpt: This textbook provides an overview of economic perspectives on sustainability. It synthesises economic, ecological and interdisciplinary sustainability research and by applying an integrated social-ecological and economic framework, demonstrates how this research can be improved and implemented in practice. Split into three parts, the book begins by introducing a range of topics forming the basis of knowledge needed to understand the varying sustainability discourses in economics, ecology and interdisciplinary sustainability research. Chapters cover the political context of sustainability; the history of sustainability in European environmental discourses dating back to the seventeenth century; as well as various problems and forms of interdisciplinary knowledge integration and synthesis in the sustainability process. Part II reviews the core economic themes relevant to sustainable development including natural resource management, environmental economics and ecological economics. Also highlighted are often neglected issues such as conflicts, disasters and interrelated crises on the way towards sustainability. The chapters in Part III discuss the future of the sustainability process. They argue for the necessity of overhauling the relationship between science and practice; explore failures and the unforeseen difficulties of sustainability transformation; and discuss how to enable a long term sustainability process that reaches into the distant future. An innovative resource for a broad range of interdisciplinary programmes on sustainability. The book will be an invaluable reference for master and PhD students, instructors, researchers and practitioners in sustainability governance.