The Tension between Adjusted Net Savings, Sustainable Growth and Resource Depletion

ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH(2022)

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摘要
In this paper, we try to analyse the evolution of sustainable development in developed and emerging countries in the idea that a sustainable approach is good, but not enough to catch the entire process behind development. Our analysis is built on the premise that the economy needs a new approach on the consumption of natural resources and should underline the relation between food security - economic development - agricultural advance - resource allocation. In this idea we built an econometric model of the relation between Adjusted Net Savings (ANS) and Gross Domestic Product per capita by analysing the same process in 34 countries, including developed or emerging ones. We chose Adjusted Net Savings in our process of analysing these premises because ANS consists of Net National Savings, Education Spending, Energy Resource Depletion, Mineral Resource Depletion, Forestry Depletion, CO2 emissions and its damages, and helps us understand the direct and powerful connection between Adjusted Net Saving, Gross Domestic Product and sustainable development, filtering food security and availability through the rational management of resource depletion. The results will highlight the applicability and strong bond between ANS and GDP per capita as development factors.
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关键词
sustainable development,Adjusted Net Savings,GDP per capita,GDP growth,resource depletion
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