Draft Environment , Poverty and Development
نویسنده
چکیده
The Brundtland Report suggested that there are close causal links between environmental change and poverty. However, the empirical evidence of the effects of poverty on the use made of environmental assets or natural capital is ambiguous. This paper focuses on the relation between poverty and the relative importance of natural and produced capital. Poverty affects stocks of natural and produced capital through its effect on savings. In this respect the paper seeks to explain two things. One is the link between poverty and 'genuine' savings and investment. The other is the link between genuine savings and environmental assets in common property. It is shown that if society derives utility both from the consumption of marketed goods and the state of the environment, and if poverty is defined in terms of the level of consumption, it will lead to a reduction in natural relative to produced capital.
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تاریخ انتشار 2004