Economic Development in Harmony With Nature — Rethinking Prosperity for the Long Term
The State Of Democracy -
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Economic development has traditionally been measured through indicators such as production, investment, employment, income, infrastructure, and consumption. These measures are important, but they do not fully capture whether an economy is strengthening its foundations or gradually consuming them. Land, water, forests, oceans, biodiversity, soil, minerals, and energy systems provide the physical conditions that make economic activity possible. When these foundations are weakened, the apparent gains of development can become increasingly difficult to sustain.