The Economics of Sustainable Development

History | Sustainability is not a new issue in economics. The 18th century English philosopher and economist Thomas Robert Malthus expressed concern about sustainable growth in his 1798 work, “An Essay on the Principle of Population.”
Identification | Sustainable development, as defined by the International Institute for Sustainable Development, refers to resource use and allocation that meets present human needs without negatively affecting the ability of future generations to meet their needs.
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