Routledge Sustaining Prosperity, Nature and Wellbeing: What do the Indicators Tell Us?

This book explores what is needed for an overall evaluation of the prosperity and wellbeing of people within a framework of sustaining the economy, environment and development. The book begins by assessing the validity of available data, indicators and indices in decision and policy making. It describes what the data tell us about the effects of economic activity on the quality of life and prosperity of people and nations, now and in the future, and highlights how a reliance on partial and distorted information can thwart rational policies. It also examines whether less tangible notions of wellbeing and happiness lend themselves to quantification and prediction. Overall, Bartelmus demonstrates the need for integrated accounting and analysis to revise policy priorities around environmental, social, economic and sustainability concerns. Confronting the persisting polarization of environmentalists and economists, this book will be of great relevance to students, scholars and professionals with an interest in environmental and ecological economics, sustainability indicators and their use in integrative policy. Review "An excellent coverage of the theory and practice of the economic, social and environmental dimensions of sustainable development, aiming ultimately at improving happiness and wellbeing, characterizes this book. Peter Bartelmus, helps us identify balanced inclusive green growth (BIGG) pathways to achieve sustainability in the twenty-first century. The book is a must-read for decision-makers, researchers and the concerned public." Mohan Munasinghe, Munasinghe Institute for Development (MIND), Shared the 2007 Nobel Prize for Peace (Vice Chair IPCC-AR4), Sri Lanka "Peter Bartelmus is one of the most eminent global environmental scholars and his new book is proof of his status. His extraordinary experience and deep knowledge bring a very necessary insight into the complex issue of economic and social development constrained by planetary environmental processes. Is there any progress? Can we reliably assess it? These are the questions for which the book gives clear answers - answers that are the more useful today when we have the Global Sustainable Development goals and badly need a good measuring stick to fathom their effectiveness." Bedrich Moldan, Director of Environment Center, First Minister of the Environment of the Czech Republic "I recommend this book to all scientists, who see long-run environmental sustainability as the essential human project of our times. Peter Bartelmus is one of the leaders of the team that created the first "Green Accounting" framework for the UN Statistical Office. Now he brings all of that background into a single magnum opus. Recognizing that policy without science and science without quantification are useless, Bartelmus asks ‘are we better off today than we were 50 or 100 years ago?’ and ‘can we expect to be better off in the future?’" Robert U. Ayres, Emeritus Professor of Economics, Political Science, Technology Management, INSEAD, France "Sustaining Prosperity, Nature and Wellbeing is a pragmatic, hard-nosed overview of how our understanding of sustainability squares off with the notions of economic growth and the broader concepts of prosperity and wellbeing from the point of view of measurement. Peter’s book is informed by his nearly unparalleled, decades-long scholarship in a perennially important field and a timely reminder that we still have much to do to make sure we apply what we already know about accounting for sustainability consistently in policy and practice." Laszlo Pinter, Department of Environmental Sciences and Policy, Central European University (CEU), Hungary "Peter Bartelmus new book is a historic, contemporary and future oriented work on sustainable growth and development. It looks for objective answers, using well-defined concepts and indicators of economic prosperity, environmental quality, and ‘greened’ economic activity. The