Sustainability as Intergenerational Fairness: Efficiency, Uncertainty, and Numerical Methods
Author(s)
Woodward, Richard T.
Abstract
This paper presents a comparison of exponential rates of growth in America, Europe, Africa and Asia-Pacific during the 20th century, and analyses the main causes that explain the important differences in Gross Domestic Product by inhabitant among these large areas. The paper emphasizes the convenience of fostering international cooperation, from now onwards, in order to increase expenditure by inhabitant on education in the poorer countries, as this condition is really needed for achieving a path of sustained economic development and for reaching success in an effective fight against poverty.
