Read more
The analysis of the interactions between natural resource
scarcity, technological innovation and the dynamics of eco-
nomic systems has a long-standing tradition in economics.
During the 1980s and the early 1990s, a new phase of these
interactions initiated under the effects of technological
revolution and the problem of the environment. The general
concept behind this book is that the issue of natural resou-
cesand the environment in relation to economic growth can-
not be addressed without due consideration for the effects
of technological innovation on thedynamics of economic sy-
stems. Technological innovation alone, however, is not a
sufficient condition for the sustainability of economic
growth. Policies may have a role in solving the internatio-
nal distribution problems generated by the non-converging
development path of developed and developing countries. In
particular, the new international order shaped by the events
of the 1980s, made it possible for world management to ad-
dress the problems of poverty and the environment.
Summary
During the 1980s and the early 1990s, the technological revolution and the problem of the environment changed the working of the interactions between technological innovations, natural resources and growth. A selection of essays illustrates these changes at the international and global level also discussing the concepts of sustainable development from the perspective of general economics.
