This volume focuses on the issue of sustainability, examining the implications for orthodox economic theory, of explicitly considering resource depletion, pollution abatement and sustainability. New insights are provided by injecting an economy-wide dimension into the largely microeconomic debate on the environment.

List of figures; List of tables; Preface; Acknowledgements; List of conference participants; 1. Economic policies for sustainable development Ian Goldin and L. Alan Winters; Part I. Growth and the Environment: 2. Pollution and growth: what do we know? Gene M. Grossman; Discussion Gilles Saint-Paul; 3. Does sustainability require growth? Richard Baldwin; Part II. Sustainability: 4. What sustains economic development? Maurice Scott; Discussion Constantino Lluch; 5. Optimal development and the idea of net national product Partha Dasgupta; Appendix; Discussion Philippe Aghion; 6. Sustainable growth and the green golden rule Andrea Beltratti, Graciela Chichilnisky and Geoffrey Heal; Discussion Alistair Ulph; Part III. Domestic Policy: 7. Economic policies for sustainable resource use in Morocco Ian Goldin and David Roland-Holst; Appendix; Discussion Jaime de Melo; 8. Energy pricing for sustainable development in China Rosemary Clarke and L. Alan Winters; Appendices; Discussion Athar Hussain; Part IV. International Policy Coordination: 9. Carbon abatement, transfers and energy efficiency Jean-Marc Burniaux, John P. Martin, Joaquim Oliveira-Martins and Dominique van der Mensbrugghe; Appendix; 10. Policy coordination for sustainability: commitments, transfers, and linked negotiations Carlo Carraro and Domenico Siniscalco; Discussion Marcus Miller and Lei Zhang; 11. Industrial competitiveness, environmental regulation and direct foreign investment Ravi Kanbur, Michael Keen and Sweder van Wijnbergen; Discussion Jean-Claude Berthélemy; Index.