The World Economy, Population Growth, and the Global Ecosystem

A Unified Theoretical Model of Interdependent Dynamic Systems

H. Whitmore

• Editorial: Palgrave Macmillan
• Año: 2007
• ISBN:
  9780230607309
• Categoría: Economía
• Categoría: Teoría económica

The purpose of this study is to better understand the essential interdependencies between the world economy and the global ecosystem, including human populations. World production, product prices, wages, interest rates, exchange rates, employment, and spending are shown to be mutually determined over time with the growth rates of country-specific renewable resources, the generation of waste, human population growth, waste assimilation by the basic fungible resource, and the sanitation and other health and human services provided by the government sectors. Particular attention is paid to alternative central bank policies and their potential effects upon future mixes of resources in world production and upon the level and composition of that production. Materials balance holds with respect to all production and consumption. Cash flow constraints hold with respect to all economic transactions; in particular, the decisions to save and invest are directly linked to financial market decisions.

Índice

• Cover
• The World Economy, PopulationGrowth, and the Global Ecosystem
• Contents
• List of Figures
• List of Tables
• Acknowledgments
• 1 Introduction
• 2 The Global Ecosystem
• 3 The Government Sectors
• 4 The Household Sectors’ Initial Choices
• 5 The Nonrenewable Resource Industry
• 6 The Capital Goods Industry
• 7 The Consumption Goods Industry
• 8 The Renewable Resource Industries
• 9 The Banking Sectors
• 10 Summary of Production, Employment, Wages, and Prices
• 11 Conventional and Green Measures of Income and Product
• 12 Nonbank Sectors Revisited
• 13 World’s Financial Markets
• 14 Implications of the World’s Cash Flow Constraints
• 15 End-of-Period Stocks
• 16 Alternative Central Bank Policies
• 17 Technological Change and Public Policies
• 18 Summary and Conclusions
• Bibliography
• Index