Empirical analysis of environmental consequences of economic growth in Asia
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This thesis aims to understand the development path that the countries in Asia have been following from 1970 to 2010. In doing so, this thesis intends to identify the factors, which drive the demand for the natural capital of the Asian countries, which affect the sustainability of these countries. The study used Adjusted Net Savings (ANS) as an indicator of weak sustainability and Ecological Footprint (EF) as an indicator of strong sustainability. The thesis taking a few selected emerging Asian economies and using time-series data for four decades (1970 – 2010), tried to answer the following research questions: (i) Is the present pattern of economic growth in the developing countries can be called a Sustainable Development path? (ii) What are the underlying factors determining the path of development in the selected countries? (iii) What role mainstreaming of natural capital can play in defining the path of development?
Supervisor: Anamika Barua
HUMANITIES AND SOCIAL SCIENCES