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Poverty Alleviation and Sustainable Development: Implications for the Management of Natural Capital

Anil Markandya-2001-01-01-Human Development Resource Network (HDRNet)
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TL;DRAbstract

This paper reviews the literature on sustainable development and its focus on the role of natural capital to see what implications it has for poverty alleviation, based on a workshop aimed to see how ideas of sustainable development fit into the vision for development articulated by Stiglitz in his Prebish lecture at UNCTAD in 1998. It also examines the ideas for economic development outlined by Stiglitz to our own individual conclusions in terms of implications for sustainable development and natural capital management. The final section of the paper relate to the Stiglitz paper and the guiding principles of sustainable development.

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This paper reviews the literature on sustainable development and its focus on the role of natural capital to see what implications it has for poverty alleviation, based on a workshop aimed to see how ideas of sustainable development fit into the vision for development articulated by Stiglitz in his Prebish lecture at UNCTAD in 1998. It also examines the ideas for economic development outlined by Stiglitz to our own individual conclusions in terms of implications for sustainable development and natural capital management. The final section of the paper relate to the Stiglitz paper and the guiding principles of sustainable development.

Keywords

Sustainable developmentPovertyNatural capitalEconomicsCapital (architecture)Natural (archaeology)Natural resourceDevelopment studies

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